UAE Insider
    What's Hot
    Business

    Hamdan Bin Rashid Al Maktoum Foundation Concludes Fifth Season of “Future Science Challenge”

    Business

    Nobles Launches Phase 2 Sales of AlShahd City 4

    Business

    Leadership Spotlight: Marco Rosada, The Coherence Method

    Important Pages:
    • Privacy Policy
    • Terms & Conditions
    Facebook Twitter Instagram Pinterest
    • Privacy Policy
    • Terms & Conditions
    Thursday, June 18
    UAE Insider
    • Home
    • News

      OMODA & JAECOO Brings AiMOGA Robotics Vision to UAE’s Hospitality and Events Industry

      FREELANDER 8 Makes First Public Appearance Ahead of Official Abu Dhabi Launch

      BenQ Unveils AI-Powered RP05 Interactive Whiteboard for Future-Ready Classrooms in the Middle East

      GAIA BioMaterials Secures European Patent for PLA-Free Film Extrusion Materials

      HAKKASAN ABU DHABI SHAKES UP JUNE WITH A MONTH OF EXCLUSIVE COCKTAIL EXPERIENCES

    • Business

      Cancro Deuterium-Depleted Water Empowers Women to Reclaim Their Energy, Clarity, and Vitality

      The UAE’s Next Sustainability Challenge Isn’t Environmental. It’s Human.

      IDeaS Sees Rapid Adoption of Commercial Strategy Solutions as Hotels Expand Beyond Traditional Revenue Management

      FREELANDER International Announces Dimensions of Its First Strategic Model: FREELANDER 8

      SBC Summit Tbilisi 2026 to Explore the Strategies Driving Sustainable Growth Across Emerging Markets

    • Submit A Press Release
    Facebook Twitter Instagram Pinterest
    UAE Insider
    Home » Entrepreneur Spotlight: Karl Mouchantaf
    Business

    Entrepreneur Spotlight: Karl Mouchantaf

    Facebook Twitter Pinterest WhatsApp LinkedIn
    Entrepreneur Spotlight: Karl Mouchantaf - entrepreneur spotlight
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp

    Tell us about yourself

    I’m a 21-year-old entrepreneur and the founder & CEO of ClearSplit, a financial infrastructure platform for short-term rental businesses worldwide.

    I recently graduated with a degree in Computer Science and Artificial Intelligence, and alongside my studies, I built and scaled a short-term rental management company to around $500,000 in annual revenue. That experience gave me direct exposure to the operational and financial challenges in the industry, which ultimately led me to build ClearSplit.

    What inspired you to take the leap into entrepreneurship?

    Entrepreneurship started early for me. In my final year of high school, I launched a tutoring initiative that provided free academic support to students. We helped over 400 students, and around 70% of them improved their grades. Today, thousands of students are being helped and this initiative allowed students to aim for top universities worldwide.

    That experience showed me the impact of building something from scratch. From there, I explored multiple ventures.

    The turning point came when I entered the short-term rental space. I pitched property management services to over 150 operators before landing my first client. That persistence led to building a real female-entrepreneur-spotlight-olga-kanj/”>female-business-leader-spotlight-rawan-arnaout/”>business, and more importantly, uncovering a real problem worth solving at scale.

    What led to you founding ClearSplit?

    While managing properties, I realized that financial management was completely broken.

    Operators were using a mix of PMS platforms, accounting tools, and spreadsheets, yet still struggled to understand something as basic as their actual profit. Reporting was inconsistent, owner payouts were complex, and reconciliation took hours every month.

    What stood out most was that even established operators were making decisions based on intuition rather than accurate financial data.

    ClearSplit was built to solve that to give operators full clarity and control over their finances in a way that existing tools simply don’t.

    What does ClearSplit do exactly?

    ClearSplit is a financial operating system for short-term rental businesses.

    It automates financial tracking, reporting, and profit distribution across properties, owners, and the business as a whole.

    Instead of relying on fragmented tools, operators can:

    • Track revenue and expenses in real time
    • Automatically calculate owner payouts
    • Generate clean, accurate financial reports
    • Understand profitability at both property and business level

    The goal is to replace spreadsheets and manual processes with a single, reliable system.

    What is your company mission?

    Our mission is to bring financial clarity and structure to the hospitality industry.

    We want to enable operators to move away from reactive decision-making and instead run their businesses based on accurate, real-time data.

    Long term, ClearSplit aims to become the financial infrastructure layer for hospitality businesses globally, covering everything from reporting to compliance, tax, and banking integration.

    How are you unique in the marketplace?

    Most existing tools were not built specifically for the short-term rental model.

    Accounting software is too generic, and PMS platforms are not designed to handle financial complexity. As a result, operators are forced to patch together multiple systems or even higher accountant teams.

    ClearSplit is purpose-built for this industry. It understands the nuances of booking-level revenue, multi-stakeholder payouts, and operational costs.

    Additionally, we focus on international markets, particularly in Europe and the Middle East, where solutions are even more limited.

    How are you revolutionising the industry?

    We are shifting the industry from fragmented financial management to a unified system.

    Today, operators often produce multiple reports from different tools, leading to inconsistencies and lack of trust. ClearSplit consolidates everything into one source of truth.

    More importantly, we are moving financial management from being a back-office function to a strategic advantage, where operators can clearly see performance and make informed decisions instantly.

    What benefits can Property Managers expect?

    Property managers gain:

    • Full visibility on their financials
    • Automated owner payouts and reporting
    • Reduced manual work and reconciliation
    • Clear understanding of profitability per property and overall business

    Ultimately, it allows them to operate more efficiently and scale with confidence.

    Do you have an example of how it works from a Property Manager’s perspective?

    A typical operator managing multiple properties might spend hours each month reconciling bookings, expenses, and owner payouts across different tools.

    With ClearSplit, that process is automated

    For example, once bookings are synced, the system automatically calculates revenue, applies predefined cost structures, and generates accurate owner statements.

    Instead of manually building reports, the operator can simply review and share them, saving significant time while improving accuracy.

    What has been your biggest success since launching?

    One of our biggest milestones has been onboarding operators from multiple countries within a short period after launch, which validated that this is a global problem rather than a localized one.

    In parallel, we’ve secured key industry partnerships, including with Hostaway, a unicorn, one of the leading platforms in the short-term rental space. This has significantly accelerated both our credibility and distribution early on.

    We’ve also been recognized as a top emerging technology solution in the short-term rental industry for 2026, which further reinforces the relevance and timing of what we’re building.

    What is your vision for ClearSplit?

    Our vision is to become the financial backbone of the hospitality industry

    In the short term, we are focused on perfecting financial visibility and automation.

    In the long term, we aim to expand into compliance, tax automation, and financial services, creating a fully integrated ecosystem that supports operators at every stage of their growth.

    Where can readers find out more?

    You can learn more about ClearSplit and follow our journey at:

    Visit our website: https://clearsplit.io/

    Linkedin Karl Mouchantaf: https://www.linkedin.com/in/karl-mouchantaf/

    Linkedin Clearsplit: https://www.linkedin.com/company/clearsplit

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp

    Related Posts

    Business

    Cancro Deuterium-Depleted Water Empowers Women to Reclaim Their Energy, Clarity, and Vitality

    Business

    The UAE’s Next Sustainability Challenge Isn’t Environmental. It’s Human.

    Business

    IDeaS Sees Rapid Adoption of Commercial Strategy Solutions as Hotels Expand Beyond Traditional Revenue Management

    Business

    FREELANDER International Announces Dimensions of Its First Strategic Model: FREELANDER 8

    Business

    SBC Summit Tbilisi 2026 to Explore the Strategies Driving Sustainable Growth Across Emerging Markets

    Business

    SBC Summit’s Global Regulations track tackles gambling’s biggest regulatory shifts

    Business

    CNTXT AI Closes $60M Series A to Deploy Sovereign AI Globally

    Business

    SICO Capital Introduces Its 3rd Equities Fund – the GCC Dividends Fund

    Stay In Touch
    • Facebook
    • Twitter
    Don't Miss
    Business

    Peter Schmeichel Returns as SBC Awards 2025 Host as Finalists Are Announced

    SBC has officially announced the shortlisted nominees for the 12th edition of the SBC Awards, set…

    Mohammad Ghaleb Jaber: The Growth of Real Estate in Ajman is an Opportunity for Investors

    Mohammed Bin Rashid Library’s Publishing and Translation Arm Launches Joint Publication by Emirati Authors

    Dubai Science Park concludes World Health Expo 2026, with focus on innovation and R&D

    Blackstone leads $250 million investment in UAE payments platform ADGT

    Recent Posts

    • Cancro Deuterium-Depleted Water Empowers Women to Reclaim Their Energy, Clarity, and Vitality
    • The UAE’s Next Sustainability Challenge Isn’t Environmental. It’s Human.
    • IDeaS Sees Rapid Adoption of Commercial Strategy Solutions as Hotels Expand Beyond Traditional Revenue Management
    • FREELANDER International Announces Dimensions of Its First Strategic Model: FREELANDER 8
    • SBC Summit Tbilisi 2026 to Explore the Strategies Driving Sustainable Growth Across Emerging Markets
    Our Picks
    Business

    ARABIAN MILLS ANNOUNCES ITS INTENTION TO FLOAT ON THE MAIN MARKET OF THE SAUDI EXCHANGE

    life

    Expats Strike It Rich At Mahzooz 140th Draws: Indian Resident Wins AED 1 Million And Pakistani Expat Takes Home AED 50,000 In Gold Coins.

    Business

    Aleph Hospitality strengthens global leadership and regional platform as it targets 100 hotels by 2029

    News

    Aqara and e& Unite to Revolutionize Smart Living in the UAE

    Must Read
    Business

    QIB receives “Retail Bank of the Year” & “Financial Inclusion Initiative of the Year” Awards

    Business

    Emirates NBD GenAI Summit brings together industry leaders to discuss the future of GenAI-powered finance

    Categories
    • Business (1,079)
    • life (147)
    • News (194)
    Our Picks
    Business

    AUTONOMOUS A2Z Becomes First Korean Company to Obtain Singapore’s M1 Autonomous Vehicle License

    Business

    Tips for Building Backlinks

    About us

    Stay connected with UAEInsider, your ultimate source for insightful news, updates, and analysis on all things UAE and beyond. Dive into the heart of the Emirates’ stories, explore diverse perspectives, and stay informed about the latest developments shaping our region and the world.

    UAE Insider
    Facebook Twitter Instagram Pinterest
    • Home
    • Privacy Policy
    • Terms & Conditions
    © 2026 UAE Insider.

    Type above and press Enter to search. Press Esc to cancel.