Many of us worked previously in the financial industry, doing and witnessing practices we did not like. It was all about the constant search of larger profits without caring about customers.
People taking a credit were paying high interest rates while people investing money were having low returns. Unclear conditions and hidden fees were common practice.
We quit, deciding to create something better. Klear. We built a marketplace, fair and transparent.
A team driven by a common ambition to deliver sustainable benefits to the society.
We have solid experience in consumer finance. Most of us have occupied Executive positions in the leader of the consumer credit activity in Europe, including Bulgaria.
The core of our expertise is Credit Risk management. Many of us have experience in granting credits or collecting loans in delay. We know risk firsthand.
Klear is a financial institution registered in the Register per art. 3a of the Credit Institutions Act maintained by the Bulgarian National Bank under Reg. BGR00368.
Our share capital is 2 456 090 BGN. The founders are the main shareholders. Since 2019, German Varengold Bank holds a 20% participation.
We are part of the Spot, a FinTech accelerator which brought