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.
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!
Thank you! And please apologies for my appearance this morning. I’m not used to apply for a loan while I’m still in my pajama.
Happy with my decision to join KLEAR:) And I'm still impressed with the transparency with which you guys are operating. Just keep up the good work!
Thank you very much. Even though we are in 21st century some of the banks charge 40 leva to issue such document.
Currently I use 7-8 various P2P lending platforms in Europe ... For such a young platform, what I have seen so far from you is very professional
It is rare for a service to impress me so much that I cannot stop talking about it. In this case, the greatest joy is that it is Bulgarian!
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.
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.
761 active investors are trusting Klear with their savings.
92% of the loan portfolio is covered by money from investors.
Our loans are cheaper than banks in average.
The early credit risk indicators are excellent.
Last updated on 17.05.2018