Clearmatch
Clearmatch is a Sydney-based fintech operating a marketplace treasury that funds Australian and New Zealand insurance premiums by matching borrowers with wholesale and institutional investors via the world's first clearing platform for insurer-linked term notes.
- Company typePrivate
- Founded2012
- HeadquartersSydney, Australia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Clearmatch does
Clearmatch Australia Pty Ltd is a Sydney-headquartered financial technology company operating a marketplace-style treasury platform that intermediates between insurance premium borrowers and fixed-income investors. Its core product, Insurance Premium Funding (launched in 2020), restructures annual insurance premium obligations into single monthly instalments for Australian and New Zealand large businesses and SMEs, with the underlying credit risk matched to capital sourced from Australian wholesale, sophisticated and institutional investors rather than banks.
The company runs a proprietary SaaS technology stack that has processed $10 billion in credit requests and over 240 million transactions across eight years. On top of the SaaS core sits the Insurance Funding Term Note Trust — described as the world's first clearing platform for insurer-linked term notes — which uses asset fractionalisation to build diversified portfolios across borrowers, industries and insurers. Supporting platforms include the Clearmatch Platforms investor login, the Premium Funding Broker Portal (Express) and Clearmatch Originate for broker-mediated originations.
Clearmatch earns revenue through two streams: financing fees/interest spread on premium funding loans (transaction-fee model) and ongoing management and cash administration fees (0.47% p.a. and 0.104% p.a. respectively) on the Insurance Funding Term Note Trust. Distribution is executed through an embedded insurance broker network, direct sales to borrowers, and direct investor relations. The company is not publicly traded, has 11–50 employees, and operates a Corporate Authorised Representative structure under CBCA Pty Limited's AFSL (No. 525450), with regulatory coverage extending via AFCA membership.
Clearmatch firmographics
Firmographics- Name
- Clearmatch
- Legal name
- Clearmatch Australia Pty Ltd
- Website
- https://clearmatch.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Clearmatch is a Sydney-based fintech operating a marketplace treasury that funds Australian and New Zealand insurance premiums by matching borrowers with wholesale and institutional investors via the world's first clearing platform for insurer-linked term notes.
- Ownership category
- akta.pro rank
Clearmatch industry classification
Industry- Product category
- Insurance Premium Funding Technology
- NAICS
- Sales Financing (52222), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Insurance Carriers, Nec (6399)
- akta.pro primary industry
- Commercial General Liability (CGL) (FSAJADAA)
- akta.pro secondary industry
- A2A Collections & Direct Account Funding (FSAMAFAH)
Keywords
Where Clearmatch is headquartered
LocationHeadquarters
- HQ city
- Sydney
- HQ country
- Australia
- HQ region
- Oceania
Offices2 records
Markets served
Clearmatch business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Others
Revenue model
- Insurance Premium Funding: Clearmatch generates revenue through financing fees charged on insurance premium funding loans. Premium funding allows borrowers to pay insurance premiums monthly rather than annually, with Clearmatch earning interest/financing spread on these loans.
- Trust Management Fees: Management fee of 0.47% p.a. and cash admin fee of 0.104% p.a. charged on the Insurance Funding Term Note Trust, a capital-stable portfolio offering investors regular income from premium funding assets.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Wholesale investor fund with minimum $100,000 investment |
| Other | Monthly | Insurance Premium Funding - monthly instalment model |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Clearmatch product offering
Product offeringCore offering
Clearmatch provides insurance premium funding solutions that allow businesses to finance annual insurance premiums through manageable monthly instalments. The company operates as a marketplace treasury that connects loan originators (borrowers introduced by insurance brokers) with Australian wholesale, sophisticated, and institutional investors who fund the loans. Its proprietary SaaS technology supports credit processing, broker originations, and a clearing platform for insurer-linked term notes.
Product overview
Clearmatch is a financial technology company operating a platform-based model with multiple integrated products. The core offering is Premium Funding (launched in 2020), an insurance premium funding solution that restructures annual insurance premiums into manageable monthly payments. This is supported by the Clearmatch Platforms for investors to access Term Notes, the Premium Funding Broker Portal and Clearmatch Originate for broker-mediated originations, and the Insurance Funding Term Note Trust investment fund product. The Term Note Clearing Platform enables insurer-linked term note investments, creating a complete ecosystem connecting borrowers, brokers, and investors.
Differentiator
Problem solved
Functional benefit
Brands
- Premium Funding: Insurance policy premium funding solution for large businesses and SMEs in Australia and New Zealand.
Products and services
- Premium Funding Insurance premium funding solution that allows businesses to finance annual insurance premiums by restructuring multiple policies into a single monthly instalment, preserving capital while managing cashflow. Targets large businesses and SMEs across Australia and New Zealand.
- Clearmatch Platforms Investor-facing platform providing access to Term Notes and insurance-linked investment products with rated insurer counterparty risk. Serves wholesale, sophisticated, and institutional investors.
- Premium Funding Broker Portal (Express) Express portal for insurance brokers to manage and process premium funding applications for their clients, enabling efficient submission and approval of deals.
- Insurance Funding Term Note Trust Capital-stable investment portfolio offering investors regular and predictable income streams through proprietary asset fractionalisation technology, investing in Term Notes to finance insurance premiums of Australian corporates and SMEs. Available to wholesale clients in Australia with minimum $100,000 investment.
- Term Note Clearing Platform World's first Clearing Platform for Insurer-Linked Term Notes offering investors consistent, low-risk returns and an alternative to traditional credit assets, using proprietary asset fractionalisation technology to construct diversified portfolios.
Quantifiable outcome
- Over 240 million transactions processed through SaaS technology in the last 8 years
- +1 more outcomes
Companies that use Clearmatch
Customer profileSegments3 records
Ideal customer profiles3 records
Clearmatch technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Clearmatch partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- CBCA Pty LimitedcoreClearmatch Australia Pty Ltd (ABN 34 602 464 148) is a Corporate Authorised Representative (Number 001268113) of CBCA Pty Limited (ABN 32 640 905 951) under its AFSL (No. 525450). CBCA Pty Limited serves as trustee of the Clearmatch Insurance Funding Term Note Trust.
- Insurance BrokerscoreInsurance brokers partner with Clearmatch to offer premium funding solutions to their clients, enhancing customer relationships and adding value through competitive funding options.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Clearmatch competitors and assessment
Company assessmentEmerging players
- Funding Circle: Marketplace SME lender with proprietary credit technology and institutional investor funding model. Comparable to Clearmatch in the use of institutional capital, marketplace structure, and SME credit origination orientation.
- Latitude Financial Services: ANZ-based digital consumer and SME lender with installment finance products. Competes in adjacent credit markets and shares the multi-jurisdictional ANZ footprint, with similar technology-led lending capabilities.
Broad incumbents
- Allianz Trade (formerly Euler Hermes): Global trade credit insurer that also offers premium finance and related credit solutions as part of a broader portfolio. Serves overlapping commercial customer base and competes for the same broker-introduced premium funding deals at the upper end.
- Coface: International trade credit insurer with adjacent premium finance capabilities for large corporate clients. A broader incumbent offering premium funding as part of a wider credit insurance and risk management portfolio.
Direct peers
- Hunter Premium Funding: Australian premium funding specialist focused on SMEs with multi-policy premium consolidation. Closely mirrors Clearmatch's value proposition of converting annual premiums to monthly instalments via a broker channel.
- IQumulate Premium Funding: One of Australia's largest specialist premium funders, providing insurance premium funding to brokers and businesses. Directly competes with Clearmatch across the same broker channel, SME/enterprise borrower segments, and ANZ geography.
- AFI (Australian Funding Investments): Specialist Australian premium funder serving SMEs and corporates through a broker distribution model. Directly comparable in target market, product offering, and channel strategy to Clearmatch.
- Scottish Pacific (BOQ Group): Long-established Australian premium funder now owned by Bank of Queensland. Offers similar insurance premium funding solutions to SMEs and mid-market borrowers via a broker network, with overlapping customer base and product set.
Regional players
- BFS Finance: UK-based premium finance provider serving brokers and businesses with comparable installment-based premium funding products. Operates in a different geography but executes the same business model, making it a useful cross-market peer.
- Close Brothers Premium Finance: UK and Ireland premium finance division of Close Brothers Group, providing premium funding to brokers and commercial borrowers. Comparable business model and product structure to Clearmatch but operating primarily in UK/Ireland.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Clearmatch social profiles
Digital presenceClearmatch financial estimates
Financial estimateRevenue estimate
Valuation estimate
Clearmatch leadership team
Management profileNumber of profiles
Profiles4 records
Clearmatch funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Clearmatch M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Clearmatch
What does Clearmatch do?
Clearmatch provides insurance premium funding solutions that allow businesses to finance annual insurance premiums through manageable monthly instalments. The company operates as a marketplace treasury that connects loan originators (borrowers introduced by insurance brokers) with Australian wholesale, sophisticated, and institutional investors who fund the loans. Its proprietary SaaS technology supports credit processing, broker originations, and a clearing platform for insurer-linked term notes.
Is Clearmatch a public or private company?
Clearmatch is a private company. It is classified as unknown and is currently operating.
When was Clearmatch founded?
Clearmatch was founded in 2012. It employs 11 to 50 people.
Where is Clearmatch based?
Clearmatch is headquartered in Sydney, Australia, in the Oceania region.
How does Clearmatch make money?
Two revenue lines are on record. Insurance Premium Funding is the primary driver. The others are trust Management Fees.
Who are Clearmatch's main competitors?
Emerging players on record are Funding Circle and Latitude Financial Services. Broad incumbents are Allianz Trade (formerly Euler Hermes) and Coface. Direct peers are Hunter Premium Funding, IQumulate Premium Funding, AFI (Australian Funding Investments) and Scottish Pacific (BOQ Group). Regional players are BFS Finance and Close Brothers Premium Finance.
Does Clearmatch have an API?
No public API is recorded for Clearmatch.
What industry is Clearmatch in?
Clearmatch's product category is Insurance Premium Funding Technology. Its primary akta.pro industry code is FSAJADAA, Commercial General Liability (CGL), with a secondary code of FSAMAFAH, A2A Collections & Direct Account Funding. Its NAICS code is 52222 and its SIC code is 6200.