Public investors will now be able to verify
their identity with CLEAR when opening a brokerage account for a
faster and easier investing experience
CLEAR members will receive credit in their
Public account to invest
NEW YORK, May 30, 2024 /PRNewswire/ -- Today, CLEAR (NYSE:
YOU), the secure identity company, and Public, the investing
platform for stocks, ETFs, crypto, options, bonds, and
high-yield cash, announced a new partnership to give members the
option to quickly and securely verify their identity with CLEAR
when opening an investment account. CLEAR brings its trusted
consumer brand, over 22 million embedded users, and experience
working in other highly regulated industries such as aviation and
healthcare, to Public investors, building on CLEAR's expanding
leadership in the financial services industry.
Public aims to be the primary investment account for millions of
investors nationwide, where investors can get broader market
insights on the platform through its robust data and tools and
AI-powered research assistant Alpha. Being a trusted investment
platform by millions, Public removes the friction of investing in
asset classes like stocks or bonds. This partnership with CLEAR
will further Public's commitment to a frictionless experience, by
removing any cumbersome identity verification processes associated
with investing, ensuring a secure, friction-free and transparent
experience to operate a modern broker dealer.
"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."
"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."
As part of this partnership, all CLEAR Plus Members - those who
pay for CLEAR's subscription airport business - that sign up for a
Public account will receive $100 in
their Public account. CLEAR Members - those who have used CLEAR
outside of the airport -- who sign up for a Public account will
receive $50 funded into their
account. Interested CLEAR members can get started on CLEAR's site
and verify their identity using just three clicks.
About CLEAR
CLEAR's mission is to create frictionless
experiences. With over 22 million members and a growing network of
partners across the world, CLEAR's identity platform is
transforming the way people live, work, and travel. Whether you are
traveling, at the stadium, or on your phone, CLEAR connects you to
the things that make you, you – making everyday experiences easier,
more secure, and friction-free. CLEAR is committed to privacy done
right. Members are always in control of their own information, and
we never sell member data. For more information,
visit clearme.com.
About Public
Public is an investing platform that
makes building a multi-asset portfolio fast, secure, and
frictionless. Members can invest in stocks, options, bonds,
crypto, and alternative assets—all in one place.
Members can also access real-time and historical fundamental data
and custom analysis with Alpha, the AI for investors. At Public,
we're committed to creating a more transparent investing experience
that is consistently aligned with our members' best interests.
Forward-Looking Statements
This release may contain statements that constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Investors are cautioned that any and such
forward-looking statements are not guarantees of future performance
or results and involve risks and uncertainties, and that actual
results, developments and events may differ materially from those
in the forward-looking statements as a result of various factors,
including those described in the Company's filings within the
Securities and Exchange Commission, including the sections titled
"Risk Factors" in our Annual Report on Form 10-K. The Company
disclaims any obligation to update any forward-looking statements
contained herein.
Contact
media@clearme.com
press@public.com
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SOURCE CLEAR