Clearitt disrupts multiple industries and empowers Small- and Medium-sized Businesses (SMBs) to thrive in the digital era.
Here are some examples:
Payments Technology
With widespread clearing, only a fraction of payments or transactions would be needed. The emerging payments technology industry, the credit card industry, the buy-now-pay-later industry, etc. These industries and others are worth trillions of dollars and would have to adjust accordingly.
Invoice Financing
With widespread clearing, there is much less need to go out and sell your invoices to invoice financing or factoring companies. This legacy industry is also worth trillions of dollars today.
Business Loans
With widespread clearing, there is much less need for short-term working capital loans. This industry is huge today, but this might also change dramatically once invoice clearing has started.
Business Banking
With widespread clearing, the banks would have to get used to a new back-seat position as the gross cash payments stops flowing through the bank accounts.
Many of these existing solutions are expensive and even inaccessible to SMBs. By offering clearing as an alternative, Clearitt is levelling the playing field and empower SMBs.
Thank you again for your interest in Clearitt.