National fintech company expects to double in size over next five years

RENO, Nev., April 17, 2018 (GLOBE NEWSWIRE) -- Clear Capital today announced it hired 61 people in the first quarter of this year, including two senior leaders. The move follows the company’s recent announcement that it plans to hire more than 50 new employees at its Reno headquarters by the end of 2018. Of the new first-quarter hires, 37 are based out of its Reno headquarters, including 12 new sales team members.

Clear Capital employees at the company's Reno headquarters. The national fintech company expects to double in size over the next five years.

“We’ve spent 17 years building Clear Capital from two to more than 500 people across the country,” said Clear Capital President and Co-founder Kevin Marshall. “We’re excited to continue our growth in Northern Nevada, where we have a thriving business and startup culture, great talent and a national Tier 1 University.”

Rounding out the recent new hires are Dave Cherner and Val McClain, who have joined the company’s leadership team. Cherner serves as vice president and corporate counsel, and McClain serves as vice president of compliance.

Cherner is responsible for supporting Clear Capital’s legal affairs, including contract negotiation and execution, risk mitigation and government relations efforts. Earlier in his career, Cherner was the compliance director for a national appraisal management company, where he actively worked with valuation regulators and stakeholders on the valuation legal landscape. Cherner was also an attorney and chief compliance officer in the accounts receivable management industry.

McClain is responsible for Clear Capital’s operational compliance efforts, including risk assessment, complaint due diligence, regulatory audits and filings, and maintaining relationships with government and regulatory bodies. Earlier in her career, McClain led teams in finance, mergers and acquisitions, and enterprise risk at some of the world’s largest financial institutions.

Clear Capital employs more than 500 people nationwide and expects to double in size over the next five years. The company hired more than 100 people last year. For information about job opportunities with Clear Capital, visit careers.clearcapital.com.

About Clear Capital
Clear Capital’s intelligence is trusted by the nation’s largest banks and investment firms to help make critical collateral valuation decisions confidently. The company’s valuation, analytics and platform solutions uncover fresh insights through advanced machine learning and artificial intelligence technologies built upon petabytes of proprietary data. Clear Capital’s more than 500 employees nationwide are dedicated to transforming the financial industry for the better and making massive, positive impact in their communities. Discover more at clearcapital.com.

Media Contact
Matt Lush
Clear Capital
(530) 550-2588
matt.lush@clearcapital.com

A photo accompanying this announcement is available at http://resource.globenewswire.com/Resource/Download/e1954c06-3109-455e-bb77-94beb83acf7b