Credit Clear

Credit Clear Limited is an Australian technology company, providing receivables management/collections services. The company was founded in 2016 by co-founders Mark Casey and Lewis Romano.[1][2][3]

Credit Clear Limited
Public unlisted
IndustryFinancial services
Founded2016
HeadquartersAustralia
Key people
Mark Casey, Co-founder and Director - Lewis Romano, Co-founder and Director - Gerd Schenkel, Director and Chairman - Hugh Robertson, Director - Marcus Price, Director - Brenton Glasier, CEO - Victor Peplow, CFO
ProductsBill collections; Receivables management
Websitewww.creditclear.com.au

In 2019, the company acquired Credit Solutions, an established collections provider.[4] Credit Clear raised $9m to fund this acquisition.

Credit Solutions’ customers include Transurban, South East Water, Beyond Bank and Toyota Financial Services.[5]

In June 2019, it raised $8.5m.[6]

In 2019, Gerd Schenkel joined as the company's independent Chairman.[7][8] In 2020, Marcus Price (Australia), the founder of PEXA joined the board as independent director.[9]

In July 2020, Credit Clear confirmed its intention to list on the Australian Stock Exchange “towards the end of the year”.[10]

The company counts billionaire Alex Waislitz and Paul Little amongst its investors.[11][12][13]

As of January 2020, Credit Clear projected $18m revenue for 2020.[14]

References
  1. https://which-50.com/gerd-schenkel-joins-credit-clear-as-chairman/
  2. https://www.businessinsider.com.au/australian-fintech-credit-clear-wants-a-10-million-series-a-round-to-go-overseas-2017-11
  3. https://www.smartcompany.com.au/startupsmart/advice/why-spotjobs-lewis-romano-has-switched-fintech-and-is-looking-to-raise-10-million-credit-clear/
  4. https://www.theaustralian.com.au/business/financial-services/debt-collection-fiirm-credit-clear-raises-9m-eyes-asx-listing/news-story/8754336e60b509e60e4f40bfc20e3372
  5. https://www.theaustralian.com.au/business/financial-services/debt-collection-fiirm-credit-clear-raises-9m-eyes-asx-listing/news-story/8754336e60b509e60e4f40bfc20e3372
  6. https://www.startupdaily.net/2018/06/melbourne-fintech-credit-clear-raises-8-5-million-expand-payment-collection-platform/
  7. https://which-50.com/gerd-schenkel-joins-credit-clear-as-chairman/
  8. https://www.theaustralian.com.au/business/financial-services/fintech-credit-clear-taps-ai-social-media-to-cut-cost-of-debt-collection/news-story/3d04e39d2c951ad949f122d26ebb3e5c
  9. https://www.theaustralian.com.au/business/financial-services/debt-collection-fiirm-credit-clear-raises-9m-eyes-asx-listing/news-story/8754336e60b509e60e4f40bfc20e3372
  10. https://www.theaustralian.com.au/business/financial-services/debt-collector-credit-clear-to-push-ahead-with-ipo-amid-market-volatility/news-story/df54d3c7bdc24539de5d9101eb46891c
  11. https://www.theaustralian.com.au/business/financial-services/debt-collector-credit-clear-to-push-ahead-with-ipo-amid-market-volatility/news-story/df54d3c7bdc24539de5d9101eb46891c
  12. https://www.theaustralian.com.au/business/financial-services/debt-collection-fiirm-credit-clear-raises-9m-eyes-asx-listing/news-story/8754336e60b509e60e4f40bfc20e3372
  13. https://www.afr.com/wealth/investing/how-this-rich-lister-is-backing-the-tech-boom-20200715-p55cbt
  14. https://www.theaustralian.com.au/business/financial-services/debt-collection-fiirm-credit-clear-raises-9m-eyes-asx-listing/news-story/8754336e60b509e60e4f40bfc20e3372

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