Borrowers will be guided through an onboarding process consisting of the following steps:

  • KYC and AML – This process is conducted by Clearpool's partner - Credora

  • Legal Agreements – Borrowers (and lenders) must agree to the Clearpool Terms & Conditions

  • MPC Wallet – A supported multi-party computation wallet (MPC) is recommended (but not required) to borrow and repay liquidity

  • Credit Risk Assessment – A credit risk score and borrower capacity will be calculated by Credora (see Credit Risk Scoring for more information)

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