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Mexican fintech Clara raises $50 million to expand payment solutions in LatAm

Clara, 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

Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Mexican fintech Clara raises $50 million to expand payment solutions in LatAm
Photo by Clay Banks / Unsplash

Clara, 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.
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi

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