Onboarding

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)