CLEAR and Public, an investing platform offering a range of investment options, have jointly announced a new partnership. This collaboration aims to provide members with the option to swiftly and securely verify their identity with CLEAR when opening an investment account on the Public platform.

Improving Investor Identity Verification

Bringing together CLEAR's established consumer brand, with over 22 million users, and its extensive experience in highly regulated sectors such as aviation and healthcare, this partnership signifies CLEAR's expanding presence within the financial services industry. By integrating with Public, CLEAR seeks to leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term its expertise to enhance the identity verification process for investors, thereby contributing to a smoother and more secure experience.

Public, aspiring to become the primary investment account for millions of investors nationwide, offers a comprehensive platform featuring market insights, robust data and tools, and an AI-powered research assistant named Alpha.

“We believe that identity and security are integral to any financial platform and we are excited to expand our impact in the financial services industry with this partnership,” said CLEAR CEO, Caryn Seidman Becker.

“CLEAR knows that you are always you and Public shares our core values of ensuring a secure, friction-free, and transparent experience at all levels of their platform. We’re thrilled that soon our Members will be able to verify their identity for a faster and easier investing experience with a trusted community online.”

Streamlining Investment

With a focus on eliminating barriers to investing in various asset classes, such as stocks and bonds, Public aims to provide a seamless experience for its users. This collaboration with CLEAR reinforces Public's commitment to streamlining the investment process by eliminating any cumbersome identity verification procedures typically associated with investing.

"Public aims to be our members’ primary portfolio. We do this not only by enabling members to manage all assets in one place, but by giving them a magical experience along the way," said Jannick Malling, Co-CEO and Co-Founder of Public.

"The ability to open an account on Public in a minute or less not only creates growth for the business but also creates trust. CLEAR helps us achieve that.”