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# Mexican fintech Clara raises $50 million to expand payment solutions in LatAm
- URL: https://www.techloy.com/mexican-fintech-clara-raises-50-million-to-expand-payment-solutions-in-latam/
- Published: 2022-08-09T10:28:19.000Z
- Updated: 2022-12-07T22:09:25.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Mexico, Tech in Latin America

[Clara,](https://www.clara.com/) a Mexico financial technology startup that offers credit card and spend management for companies, has raised $50 million in debt financing from Goldman Sachs with the option to increase it to $150 million.

- The fund will be used to improve its products and support its expansion plans, the startup claims.
- Founded in 2020, Clara is a business credit card, payment solution, and expense tracking platform for businesses.
- The startup currently operates in Mexico, Brazil, and Colombia with the aim to expand into new geographies.
- It has raised investments from Coatue, General Catalyst, DST Global, Monashees, and Kaszek.