Klar, a Mexico City, Mexico-based digital financial services platform providing an alternative to traditional debit and credit services, raised a Series B funding of undisclosed amount.
The round, subject to applicable regulatory approvals, including clearance of the Mexican Banking and Securities Commission (CNBV) and the Mexican Economic Competition Commission (COFECE), was led by General Atlantic, with participation from existing investors Prosus Ventures, Quona Capital, Mouro Capital, International Finance Corporation and WTI. As part of the transaction, Luis Cervantes, Managing Director and Head of General Atlantic’s Mexico City office, and Sofia Garrido, Vice President at General Atlantic, will join Klar’s Board of Directors.
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Chrysaor Merger Update: UK Regulatory Condition Satisfied, Mexican Approval Received
Premier is pleased to announce that all of the regulatory conditions relating to the Company’s merger with Chrysaor have now been satisfied and all of the requisite anti-trust approvals have been received.
Following receipt of notice from the Oil and Gas Authority (OGA), the regulatory condition to the Transaction regarding Premier’s and Chrysaor’s licence interests in the UK has been satisfied.
In addition, Premier has received anti-trust approval in relation to the merger from the Mexican Economic Competition Commission.
Following the positive creditor vote on 22 February, the Transaction remains subject to sanction by the Scottish Court of the restructuring plans expected to take place on 19 March.
Market Update: Tuesday 23 February 2021 Rex International Holding , (BUY), (SGX:5WH) Yumna 3 tested at 12,984bopd Mosman Oil & Gas , BUY, (AIM:MSMN):.