Clara lands Series A extension to support Brazil growth

Jul 26, 2021 · Clara is currently in the process of expanding across Latin America and increasing its presence in Brazil, where it has witnessed 100-times growth since it launched in the country …

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Clara’s Fintech Success Story: Rapid Growth In Brazil

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Clara’s ascendancy in Brazil’s fintech space has been meteoric, with total payment volumes surpassing 3 billion reais ($544.25 million). The company’s growth isn’t restricted to Brazil; it’s …

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Clara Makes Official Arrival In Brazil To Become Fastest Company …

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Mexico City, December 6, 2021-- Clara, the end-to-end corporate spend management solution for companies in Latin America, officially announced its arrival in Brazil, backed by a $70M Series …

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Mexican Unicorn Clara Bags $90 Mln In Debt Financing Amid Brazil …

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Mar 13, 2023 · Mexican unicorn Clara has secured $90 million in fresh debt funding led by U.S. debt provider Accial Capital, the company announced on Monday, as it looks to boost its Brazil …

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Clara Fintech, New Mexican Unicorn, Starts Operations In Brazil

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Dec 7, 2021 · RIO DE JANEIRO, BRAZIL – Mexican fintech Clara announced that it received a Series B financing round for US$70 million, reaching a valuation of US$1 billion, which places …

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Clara Lands Series B 70 Million Round • Expands To Brazil • Beyond …

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Dec 6, 2021 · Reading Time: 2 minutes With Series B Clara will expand to Brazil Clara, a Mexican corporate spend-management fintech, lands $70 million funding in a Series B round from …

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Mexico's Clara Enters Brazil On Back Of $70 Million Funding Round

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Dec 15, 2021 · Clara, the end-to-end corporate spend management solution for companies in Latin America, officially announced its arrival in Brazil, backed by a $70M Series B equity …

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Clara Makes Official Arrival In Brazil To Become Fastest Company

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Dec 6, 2021 · Clara, the end-to-end corporate spend management solution for companies in Latin America, officially announced its arrival in Brazil, backed by a $70M Series B equity financing …

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Fintech Startup Clara Raises $70 Million In Series B Funding

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Dec 15, 2021 · Fintech startup Clara has continued its expansion plans in Latin America after completing a $70 million Series B funding round. Following the funding and eventual launch in …

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Mexico's Clara Secures $60m In Equity Funding Round Led By GGV …

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Apr 27, 2023 · Clara lands $60m funding. Along with the investment, GGV Capital’s managing partner, Hans Tung, will also join Clara’s board of directors. ... and former Nubank executive …

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Mexican Fintech Clara Hits Unicorn Status With $70m Series B Round

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Dec 15, 2021 · Mexico City-based fintech start-up Clara has secured $70 million in a Series B equity financing round to fund its expansion into Brazil. ... the company is also expanding into …

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Mexican Fintech Clara Clinches Unicorn Status With US$70 Million …

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Dec 16, 2021 · Mexico City-based end-to-end corporate spend management solution Clara has secured US$70 million in a Series B equity financing round. The round was led by Coatue, and …

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FAQs about Clara lands Series A extension to support Brazil growth Coupon?

Is Clara boosting its Brazil expansion with $90 million in debt?

SAO PAULO, March 13 (Reuters) - Mexican unicorn Clara has secured $90 million in fresh debt funding led by U.S. debt provider Accial Capital, the company announced on Monday, as it looks to boost its Brazil expansion. ...

Does Clara have a business in Brazil?

Clara has formed a team of 40 staff in the country and says it starts its Brazilian operations “with a group of nearly 100 company customers using its products”. Mexico City-based fintech start-up Clara has secured $70 million in a Series B equity financing round to fund its expansion into Brazil. ...

Why is Clara raising new equity & debt financing?

(Bloomberg) -- Clara, a financial-technology firm based in Brazil, is working to raise new equity and debt financing to support its growth as the company’s chief executive officer sees the venture capital market coming back. Most Read from Bloomberg Clara, which launched in 2021, helps companies control costs and process payments. ...

Why is Clara launching a debt financing program in Latin America?

The firm says the debt financing will help boost its lending operations and accelerate its expansion throughout Latin America. Founded in 2020 and headquartered in Mexico City, Clara provides accounts payables, short-term financing and corporate card solutions for businesses. ...

How many companies does Clara work with?

The company claims to work with over 5,000 companies across Mexico, Brazil and Colombia and says it aims to double this number by the end of the year. Gerry Giacomán Colyer, Clara’s CEO and co-founder, says the financing will help “fuel our planned regional growth”. ...

Why is Clara investing in Latin America's largest economy?

The funds will be concentrated in helping Clara, which offers corporate credit cards and expense management solutions, increase its footprint in Latin America's largest economy, where it wants to more than double its customer base. ...