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Three Bulgarian FinTech companies Nula.BG, Klear and FinBiz Technologies have partnered to launch an innovative online business loan offer.
Small and medium-sized companies using Nula.BG’s SaaS platform to manage their finances online have now access to NULA.BG CAPITAL.
This option is embedded in their panel: in 2 clicks, a company can get instantly a credit limit up to 100 000 BGN (up to 50 000 BGN for the first loan).
All this happens automatically through API integration between Nula.BG and Klear, using the technology developed by FinBiz Technologies.
What stands out in this new solution?
“Small businesses often struggle to get loans from banks. With this new solution, we’re making it quick and easy for them to access the money they need to grow.”, comments Loic Le Pichoux – CEO Klear
"By using NULA.BG CAPITAL, my customers not only get better access to financing but also benefit from their data, which helps them qualify for loans more easily.", says Martin Mateev – CEO Nula.BG
"This partnership is a great example of how the Bulgarian FinTech ecosystem is working effectively to create simple, helpful financial solutions for small businesses.", adds Sergey Panteleev – CEO FinBiz Technologies
About “embedded finance”
Embedded finance refers to the integration of financial services, like lending, directly into non-financial platforms or apps.
For example, a retailer might offer loans to customers during checkout without them needing to visit a bank.
This makes it easier for people to access credit where and when they need it.
Additionally, platforms can share customer data, such as purchase history, to improve credit scoring, helping more users qualify for loans by providing a clearer view of their financial behavior.
Embedded finance is rapidly growing worldwide as more businesses across industries, from e-commerce to ride-hailing, integrate financial services like lending to offer seamless, data-driven solutions to their customers.
About Klear:
Klear is the ethical disruptor in Finance.
Klear was founded by senior bank executives who left their well-paid jobs to create a fair alternative to personal lending and investing.
Klear connects people looking for higher returns on their savings with people and entities looking for fairly-priced loans, offering better deals to both sides.
Since its inception, Klear 45 M BGN of loans have been financed by 2 000 active investors.
About Nula.BG:
Nula.BG is a leading Bulgarian fintech platform designed to help small and medium-sized enterprises (SMEs) manage their finances, including accounting, payroll, invoicing, and business banking.
Nula.BG's mission is to simplify business management through real-time insights and tools, enabling SMEs to make more informed financial decisions.
The platform serves over 5 000 businesses, helping them save time and money with its integrated solutions.
About FinBiz Technologies:
Founded in 2023, FinBiz Technologies is a young and ambitious fintech software company created by a team of seasoned banking and fintech professionals.
Backed by New Vision 3 and a group of high-profile individual investors, the company is focused on revolutionizing the SME and microcredit lending landscape.
FinBiz Technologies aims to empower platforms with cutting-edge software solutions, enabling them to embed a financing solution directly into their clients' dashboards.
