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Clara, the leading end-to-end spend management solution for companies in Latin America, today announced that it has closed $60M USD ​ in an equity financing round led by GGV Capital. In addition, GGV Managing Partner Hans Tung will join the company’s Board of Directors.

Clara is working with 10,000 companies and reports an annual run rate of 5 million credit card transactions, equivalent to $1 billion.

Mexican corporate credit card provider Clara said on Wednesday it has raised $60 million in an equity round led by GGV Capital, securing the investment as funds in the region begin to dry up. ... | April 26, 2023

KARACHI: Maqsad, an edtech platform for academic content, has raised a seed round of $2.8 million at an undisclosed...

Maqsad announced that it has secured $2.8 million in startup funding. The most recent investment brings Maqsad's total capital to $4.9 M.

The latest funding takes the startup’s all-time capital raised to $4.9m as it conducted a pre-seed round of $2.1m a year and a half ago.

Speedinvest and Indus Valley Capital led the funding round, while India-based Stellar Capital also participated.

Insider asked investors which business-to-business marketplaces seemed the most promising. Their answers included Ula and Knowde.

Over a call with TechCabal, Kippa’s CEO Kennedy Ekezie described the acquisition of this license as a logical next step for the fintech startup.

Klub, which provides growth financing to digital brands, received $10 million in fresh funding.