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Clar - About the company

Clar is a funded company based in Stockholm (Sweden), founded in 2016 by Ivar Schmidt. It operates as an Online platform offering lending as a service solution to banks and lenders. The company has 10 active competitors, including 2 funded and 2 that have exited. Its top competitors include companies like Cloud Lending, Alfa Systems and Scayl.

Company Details

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.
Website
clar.co
Email ID
*****@clar.co
Key Metrics
Founded Year
2016
Location
Stockholm, Sweden
Stage
Funding Raised
Investors
Ranked
Employee Count
56 as on Aug 31, 2026
Investment & Acquisitions
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Clar's funding and investors

Clar is a funded company. Clar has 2 institutional investors.

Clar's founders and board of directors

Founder? Claim Profile
The founders of Clar is Ivar Schmidt.
Here are the details of Clar's key team members:

Clar's employee count trend

Clar has 56 employees as of Aug 26. Here is Clar's employee count trend over the years:
Employee count trend for Clar
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Clar's Competitors and alternates

Top competitors of Clar include Cloud Lending, Alfa Systems and Scayl. Here is the list of Top 10 competitors of Clar, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Cloud Lending
Cloud Lending
2013, Foster City (United States), Acquired
Provider of digital banking solutions for financial institutions and their clients
$16.1M
56/100
2nd
Logo for Clar
Clar
2016, Stockholm (Sweden), Funding Raised
Online platform offering lending as a service solution to banks and lenders
-
54/100
3rd
Logo for Alfa Systems
Alfa Systems
1990, Sydney (Australia), Public
Developer of software platform for asset and auto finance operations
-
50/100
4th
Logo for Scayl
Scayl
2023, Stockholm (Sweden), Funding Raised
Provider of scalable debt funding for fintech lenders
-
-
41/100
5th
Logo for Bankish
Bankish
2017, Tallinn (Estonia), Seed
Lending & deposit system for loan providers
$1.37M
37/100
6th
Logo for Aqaix
Aqaix
2017, San Francisco (United States), Funding Raised
Cloud & API-based lending-as-a-service platform for water financing
-
31/100
7th
Logo for Circeo
Circeo
2014, Rumelange (Luxembourg), Unfunded
End-to-end loan lifecycle management platform
-
-
29/100
8th
Logo for CHARM Solutions
CHARM Solutions
2019, Stockholm (Sweden), Seed
Developer of an AI platform for small and medium business lending
$3.5M
24/100
9th
Logo for ZWEBB
ZWEBB
2005, Stockholm (Sweden), Unfunded
Provider of SaaS-based financial platforms for lending, investing, and factoring
-
-
19/100
10th
Logo for Stage11
Stage11
2020, Gothenburg (Sweden), Unfunded
Cloud-based lending-as-a-service platform
-
-
16/100
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Clar's Investments and acquisitions

Clar has acquired 3 companies including Lendo, Fiizy and Finteca. Clar has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 23, 2025
Acquisition
2020
Oslo (Norway)
Feb 17, 2025
Acquisition
2011
Tallinn (Estonia)
Nov 23, 2023
Acquisition
2017
Barcelona (Spain)
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Reports related to Clar

Here is the latest report on Clar's sector:

News related to Clar

Media has covered Clar for a total of 2 events in the last 1 year.
•
Clar to Acquire Lendo Group from Vend Viajes y LugaresDiario Siglo XXI•Nov 17, 2025•Lendo, Clar, Vend
•
Clar acquires fintech Fiizygospodarka.sos.pl•Feb 17, 2025•Clar, Fiizy
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FAQs about Clar

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