Fintech Clara launches payment account in Brazil
Fintech Clara launched a high-yield payment account in Brazil as it aims to double down on the South American market.
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Fintech Clara launched a high-yield payment account in Brazil as it aims to double down on the South American market.
Mexican fintech Clara relocated its headquarters to Brazil in an effort to claim a share of its massive digital payments market.
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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.
The resources from the new investment, according to the fintech's CEO, will be used to reinforce the team of engineers and invest in the development of new products.