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.
Truett Dwyer is co-founder and co-CEO of Clerq, a New York account-to-account payments platform built for high-ticket transactions in industries like automotive, powersports, and equipment where 3% card fees and chargebacks eat margins. A Wharton graduate who spent his early career investing at Citadel, Summit Partners, and Blackstone, he and co-founder Ben Markowitz approached payments from first principles and chose to embed inside merchants' checkout workflows rather than build a consumer app. In October 2025 Clerq raised a $12M Series A led by 645 Ventures, bringing its total to $21M, on the back of 6x revenue growth and marquee dealership and marketplace clients.