Clar

Stockholm, Sweden Founded: 2016 • Age: 10 yrs
Online platform offering lending as a service solution to banks and lenders
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About Clar

Clar is a company based in Stockholm (Sweden) founded in 2016 by Ivar Schmidt.. Clar has completed 3 acquisitions, including Fiizy, Finteca and Lendo Group. Clar offers products and services including Prestalo, Tasleefa, and FinanZero. Clar operates in a competitive market with competitors including Cloud Lending, Alfa Systems, Bankish, CHARM Solutions and Circeo, among others.

  • Headquarter Stockholm, Sweden
  • Founders Ivar Schmidt
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Fiizy

    & 2 more

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Products & Services of Clar

Clar offers a comprehensive portfolio of products and services, including Prestalo, Tasleefa, and FinanZero. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Matches consumers with banks in Singapore and Hong Kong

Offers tailored loan experiences in the GCC region

Provides digital platform for consumer loans in Spain

Funding Insights of Clar

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Clar

Clar has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Fiizy, Finteca and Lendo Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Mortgage advisory platform and banking partnerships are provided online.
2017
Purchase financing solutions are offered via a mobile app.
2011
Lendo Group is recognized as a leading marketplace for financial services in Scandinavia.
0
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Clar

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Clar Comparisons

Employees
+
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Competitors of Clar

Clar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cloud Lending, Alfa Systems, Bankish, CHARM Solutions and Circeo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
A cloud-based lending platform is provided for financial institutions.
domain founded_year HQ Location
Cloud-based loan life cycle management for asset finance is offered.
domain founded_year HQ Location
Lending and deposit systems are offered for loan providers.
domain founded_year HQ Location
SME loans are extended to businesses via an AI platform.
domain founded_year HQ Location
Cloud-based loan management platform for financial institutions and workflows.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Clar

Clar acquires fintech Fiizy
Gospodarka12 months ago

Frequently Asked Questions about Clar

When was Clar founded?

Clar was founded in 2016.

Where is Clar located?

Clar is headquartered in Stockholm, Sweden.

What does Clar do?

Online platform offering lending as a service solution to banks and lenders. It enables lenders to directly offer loans to their consumers. It operates globally through its platforms namely Prestalo, Tasleefa, FinanZero, Creditiz, Akredo, Loando, and Lendela.

Who are the top competitors of Clar?

Clar's top competitors include Cloud Lending, Alfa Systems and Bankish.

What products or services does Clar offer?

Clar offers Prestalo, Tasleefa, and FinanZero.

How many acquisitions has Clar made?

Clar has made 3 acquisitions, including Fiizy, Finteca, and Lendo Group.

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