# Clerq

> Clerq is a New York-based fintech building an account-to-account (A2A) bank payments platform for high-ticket transactions. It lets merchants - starting with automotive and powersports dealerships - accept low-cost, guaranteed payments pulled directly from a customer's bank account, with card-like ease and no chargeback, fraud, or funding risk. Founded in 2022 by former Citadel and JP Morgan investors Truett Dwyer and Ben Markowitz, Clerq raised a $12M Series A led by 645 Ventures in October 2025, bringing total funding to roughly $21M.

- **Founded:** 2022
- **Headquarters:** New York, New York, United States
- **Founders:** Truett Dwyer (Co-Founder & Co-CEO), Ben Markowitz (Co-Founder & Co-CEO)
- **Team size:** ~17 employees
- **Products:** Bank Payment Processing (A2A), Payment Guarantee, Merchant Dashboard, Branded Invoicing, API & SDK
- **Notable:** Raised $12M Series A led by 645 Ventures in October 2025 (~$21M total funding), 6x revenue growth over the trailing 12 months, Processing hundreds of millions of dollars in payment volume

## Products & services

- **Bank Payment Processing (A2A)** — Account-to-account payments pulled directly from a customer's bank account across 5,000+ connected banks, for both in-store and online high-ticket sales, with funds guaranteed to the merchant.
- **Payment Guarantee** — Eliminates chargeback, fraud, and funding risk by guaranteeing settled funds to the merchant, so a large payment can never be reversed against the seller.
- **Merchant Dashboard** — Real-time payment tracking, invoice management, reconciliation tools, and transparent fee reporting.
- **Branded Invoicing** — Merchant-branded invoices delivered via SMS and email so buyers can pay from a link with no app download.
- **API & SDK** — Developer tools and a sandbox environment for embedding Clerq payments into dealer management systems and commerce platforms.

## Achievements

- Raised $12M Series A led by 645 Ventures in October 2025 (~$21M total funding)
- 6x revenue growth over the trailing 12 months
- Processing hundreds of millions of dollars in payment volume
- SOC 2 Type II certified
- Backed by The Friedkin Group and Car Dealership Guy as strategic investors
- Connected to 5,000+ banks with 1-2 business day settlement

## Latest updates

- **2025-10** — Clerq announced a $12M Series A led by 645 Ventures, bringing total funding to roughly $21M, to expand its high-ticket account-to-account payments platform.
- **2025-12** — FirstMark published a founder feature, 'What it Takes, From Citadel to Founding Clerq,' profiling the company's origins.

## Links

- Website: https://clerq.io
- LinkedIn: https://www.linkedin.com/company/clerq

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Profile page: https://yespress.io/clerq
Published by YesPress — https://yespress.io
Last updated: 2026-07-21