Get funding from people like you. Fairly priced personal loan.

Klear was launched in 2015 by banking professionals with a vision for a more ethical and equitable future in finance.

Ten years later, in September 2025, Klear broke new ground with ITF Group, a leading fintech and non-bank financial institution listed on the BEAM market of the BSE, which became our majority owner.

The origin of our funds is clear and demonstrable. We, founders, gathered 1 M Euros from our personal savings and family. That’s mainly money we earned and saved during the many years we worked.

We have created a modern alternative of traditional banking. We are not a bank or payday loan company.

• We utilize advanced technologies to create easier fully online process, without redundant paperwork.
• We are a small team and we don’t have huge expenses typical for banks for maintaining offices, staff and administration.
• We assess carefully each borrower to make sure everyone gets fair conditions.

This allows us to offer higher return to people with savings аnd the best possible rate for people and companies looking for a loan. 

We’ve built a process consistent with the existing regulations in Bulgaria, knowing that there is no specific law for Peer to Peer Lending.

First we finance an approved credit on our own funds and we immediately sell on the marketplace claims on parts of this loan. What is exactly sold is the rights to receive the proceeds of the part of the loan acquired, proceeds from principal and interest repaid. This is technically done through an assignment agreement.

Klear is a registered Financial Institution, supervised by the Bulgarian National Bank. This gives us the rights to finance credits as well as the possibility to consult the national credit bureau managed by the Bulgarian National Bank.

Investors do not have a direct link or legal relation with the borrowers.

Peer to Peer Lending platforms are not new. The first one, Zopa, started more than 10 years ago in UK. Since then this industry has grown and has established a decent track record as well as good practices.

UK Peer to Peer Association has defined a set of operative rules. They are of good sense and are progressively applied by the industry all around the world.

It should help preventing unfortunate events like the fall of TrustBuddy, a Swedish platform which bankrupted after some internal fraud or like various cases in China where the market developed too fast with thousands of platforms, some of them collapsing to the detriment of its investors.

Besides, even within an established regulatory framework, frauds or collapses like the ones of KTB, Greece, Enron or Maden can happen in spite of supervision and auditors. 

So what we try to do is to be as transparent as possible:

• We present ourselves with our names, faces and everybody can check our experience and track record in this industry.
  
  
• We are the owners of the company. We put our own money, nobody is hiding behind the scene.
  
  
• We disclose clear information to borrowers and investors. We don't hide that there is risk in investing.
  
  
• We will regularly publish our financial statements and audits. Any investor is welcome to visit us in our office and see how we grant credits.