Klear launches 1.5pc cashback for investors
Bulgarian peer-to-peer lending platform Klear has launched a new cashback deal for investors which will last until the end of the year.
Between 1 November and 31 December 2023, investors will be able to earn up to 1.5 per cent in cashback bonuses. This equates to 0.75 per cent monthly, or nine per cent on a yearly basis, the platform said.
The deal is open to investors who are funding projects with a minimum investment of BGN10 (£4.44) and a maximum of BGN200.
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The cashback will be calculated on a daily basis so that longer-term investors can be rewarded for keeping their money locked in with the platform.
“We wanted to make sure that the people who keep their money invested for a longer period will receive a bigger cashback bonus,” said a Klear spokesperson.
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“The formula…helps us make sure that we only calculate cashback bonus for the money added and invested during the campaign.”
To benefit from the cashback bonus, investors simply need to deposit money into their Klear investor profile and invest it on the marketplace either manually or using the auto invest function.
Read more: Klear streamlines auto-invest product