Clerq allows high-ticket merchants to accept payments directly from customer bank accounts at a fraction of traditional processing costs. The platform improves conversion rates and reduces reliance on checks and wire transfers for large-value transactions.

Clerq targets large, underserved verticals with high transaction values. The co-CEOs bring extensive fintech and payments backgrounds from Citadel, and their platform integrates with existing merchant systems to replace cumbersome payment methods like checks and wires.