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Klear team

We empower people to make the most of their money

Why Klear?

Many of us were working in the Banking industry, doing and witnessing practises we did not like. It was all about the constant search of bigger profits without caring about customers.

People taking a credit were paying high interest rates while people investing money were having poor returns. Unclear conditions and hidden fees were common practice.

So we said stop. We quit, deciding to create something better. Klear. We built a marketplace, fair and transparent.

We have one rule. When designing something, we ask ourselves this question: “do we feel proud of it and able to explain it?”. If the answer is no, we usually change or simply abandon the idea.

Who are we?

A small team driven by a common ambition to provide sustainable benefits to the society.

We have a very solid experience in the Financial Industry. 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. Both founders have been Chief Risk Officers. They have designed risk strategies, risk policies and developed predictive machine learning models. Many of us have been granting managers or collection experts. We know the risk subject from a first hand. Have a look at our LinkedIn profiles!

What do our customers say?

Facts and figures

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 of 1 950 000 BGN is coming from the founders.

1 950 000

We are part of the Spot, a FinTech accelerator which brought 200 000 BGN.

We lent 4 818 585 BGN to Bulgarian borrowers since September 2016.

4 818 585

761 active investors are trusting Klear with their savings.


92% of the loan portfolio is covered by money from investors.

92 %

Our loans are cheaper than banks in average.

Annual percentage rate (APR)
  • Source: BNB statistics
  • Production of Klear consumer credits

The early credit risk indicators are excellent.

  • No Delay 91.5%
  • 1 Installment < 10 days 4.0%
  • 1 Installment ≥ 10 days 1.3%
  • 2 Installments 1.0%
  • 3 Installments 0.5%
  • 4+ Installments 1.7%

Last updated on 17.05.2018