Credit Clear Limited announced acquisition of ARMA Group Holdings is now complete. As a result of the acquisition, Credit Clear has made two key management appointments. ARMA chief executive officer and co-founder Andrew Smith has been appointed as Credit Clear Limited chief executive officer.

Previous chief executive officer, David Hentschke, will take up the new role of MD International and Technology. David will also continue to oversee the further development of the award winning, artificial intelligence driven technology platform together with chief product and technology officer Jason Serafino, will have direct responsibility for the group's technology and product research, development, and deployment.