Fintech Clara Raises $80 Million to Bolster Latin America Growth

Fintech Clara Raises $80 Million to Bolster Latin America Growth

Financial technology startup Clara, a corporate spending management firm, has raised an additional $80 million in funding from investors as it seeks to bolster its operations in Brazil, Mexico and Colombia with plans to become profitable by year-end.

Clara raises $80 mln - LatinFinance

Credit fintech plans to use proceeds of equity and growth funding to bolster its presence in Brazil, Mexico, and Colombia The post Clara raises $80 mln appeared first on LatinFinance.

Source: Clara In the framework of Web Summit Rio, Clara, the Latin American unicorn of corporate expenditure management, announced that it raised $80 million in equity and growth financing that it had not previously revealed. The share of capital was structured as an extension of its previous funding and included the participation of various investors such as Acrew Capital, Alter Global, Citi Ventures, Citius, Coatue, Commerce Ventures, DST Glob…

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Clara achieves funding to accelerate her growth in the region. Photo: taken from the X account of @GetClaraCard Clara, fintech of corporate spending management in Latin America, announced during the Summit Rio Web that she raised $80 million in equity and growth financing, which will serve to leverage her growth in the region. According to the firm, a significant part of the capital will be destined to scale up the commercial team and support ef…

Launched in 2021, the startup currently works with around 20,000 companies to help control and automate costs, invoices, bills and international payments.