Maclear Review 2026: Why It Earns 4.8 Stars

Maclear is a member of a Swiss Self-Regulatory Organisation accredited under the Federal Act on Combating Money Laundering and Terrorist Financing. The SRO - one of several bodies that oversee non-bank financial intermediaries in Switzerland - verifies that Maclear follows client identification rules, beneficial-ownership disclosure, and transaction monitoring. It does not supervise capital adequacy, conduct of business, or solvency buffers, and there is no compensation scheme for platform failure.

Investor funds sit in segregated accounts at a licensed Swiss bank; loan receivables are held in special-purpose vehicles separate from the platform's operating entity. This structure is designed to keep investor capital outside Maclear's bankruptcy estate if the company were to fail. The arrangement has not been tested in a Swiss insolvency proceeding, so its effectiveness remains a matter of contractual design rather than a track record. The platform discloses the SPV structure and segregation arrangement in its terms of service and on the FAQ page.

Maclear does not offer a buyback guarantee and has never marketed one. Loan repayment depends on borrower solvency and the realisable value of pledged collateral - typically first-ranking charges on Swiss real estate or assignment of trade receivables with recourse to the original debtor. The single default to date was resolved by a voluntary top-up from the CEO, not by a contractual obligation.

Maclear began operations in October 2022. Through December 2025 it had funded approximately EUR 12 million in loan volume across 48 projects. One project - a real-estate bridge loan to Vibroedil SA - entered payment default in November 2024 when the borrower missed a scheduled principal instalment. The collateral was a first-ranking charge on a commercial property in Ticino valued at 140 percent of the outstanding loan. Within 48 hours, CEO Pavel Piasek deposited the full outstanding amount plus accrued interest into investor accounts from personal funds, and Maclear took over the collateral enforcement.

Every other project to reach maturity - 19 loans as of January 2026 - has repaid principal and interest in full and on time. Monthly interest payments have landed on the third business day of each month without interruption. The platform has never delayed a scheduled payout, never imposed an unexpected fee, and never altered loan terms post-funding. Withdrawals from the cash reserve to external bank accounts clear within two business days.

The Vibroedil resolution set a high bar: investors received their capital back faster than a typical foreclosure timeline would allow. It is not a legal buyback guarantee - future defaults would trigger standard collateral enforcement unless Piasek or another party chose to intervene again. The precedent matters because it demonstrates access to liquidity and a willingness to protect the platform's reputation, but it should not be mistaken for a contractual promise.

Maclear advertises annual yields of 14.5 to 14.9 percent, calculated as simple interest on the outstanding principal. Monthly interest payments match the advertised rate divided by twelve, adjusted for the exact number of days if a month has 31 days. There are no origination fees, no account maintenance charges, and no hidden deductions. The secondary market charges buyers a 0.5 percent transaction fee; sellers pay nothing.

Realised yields for the calendar year 2024 - computed as total interest received divided by average deployed capital - ranged from 14.6 to 14.8 percent for portfolios that remained fully invested throughout the year. The small variance reflects the timing of inflows and outflows rather than any gap between promise and delivery. Maclear publishes a monthly performance summary in the investor dashboard showing aggregate interest paid, average portfolio yield, and the percentage of loans current versus overdue.

Every investor receives the same rate on the same project, and the rate is locked at the time of investment. If a borrower prepays, investors receive accrued interest to the prepayment date plus their principal; there is no penalty and no clawback of earned interest. Separately from the loan rate, Maclear runs a loyalty programme that adds 1.5 to 3 points to future investments by active volume - it is a platform incentive, covered on the bonus page, and is not included in the realised figures above.

Maclear discloses the beneficial ownership of the operating company - Maclear AG is wholly owned by Pavel Piasek and registered in the Zurich commercial register. The platform publishes its SRO membership certificate on the "About" page, and the SRO name and registration number appear in the footer of every investor agreement. Financial statements for the operating entity have not been filed publicly because Swiss law does not require publication for private limited companies below certain thresholds, but the platform provided summary financials to this review upon request showing positive equity and no outstanding bank debt as of 31 December 2024.

Each loan project page includes the borrower's legal name (or an anonymised identifier if the borrower is an individual), the loan purpose, the collateral description, the loan-to-value ratio calculated by an independent appraiser, the interest rate, the term, and the repayment schedule. Maclear publishes a monthly portfolio report showing the number of active loans, total outstanding principal, weighted average LTV, and the count of loans current versus overdue. The Vibroedil default was disclosed on the platform dashboard within 24 hours of the missed payment, with a public update explaining the CEO's intervention three days later.

Investor funds flow is fully traceable: the segregated account statements are available in the "Documents" section of the investor dashboard, showing every deposit, interest credit, principal repayment, and withdrawal. The platform has never altered the fee schedule, never introduced a surprise charge, and never amended terms mid-loan without written consent from affected investors.

Maclear runs a monthly secondary market on the first business day of each month. Investors list their loan participations at any price they choose; the platform recommends pricing at net asset value - outstanding principal plus accrued interest - to maximise the chance of a match. Buyers pay a 0.5 percent transaction fee; sellers pay nothing. Listings that remain unmatched roll over to the next month at no cost.

Between January and December 2025, 89 percent of listings priced within 2 percent of net asset value cleared within one cycle. The remaining 11 percent either carried a significant premium - which delayed matching - or were attached to loans flagged as overdue, which deterred buyers. The Vibroedil participations listed in December 2024 were withdrawn after the CEO's intervention resolved the default, so no stressed assets traded on the secondary market during the review period.

There are no lock-up periods, no early-exit penalties, and no minimum holding requirements. Cash sitting in the platform reserve - whether from interest payments, principal repayments, or secondary-market sales - can be withdrawn to an external bank account within two business days at no charge. The deduction in this category reflects the monthly rhythm of the secondary market: investors who need same-day liquidity must wait up to 30 days for the next trading window, whereas platforms like Mintos offer continuous secondary markets.