29-04-2025
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.
The equity portion of the financing, which makes up $40 million of the total, included participation from Citi Ventures and Kaszek Ventures. The other $40 million of growth funding, a debt-like facility, came from long-time backer General Catalyst out of its Customer Value Fund.
