Tagged: klar

Fintech Klar Acquires $100M Debt Facility from Victory Park Capital to Expand Credit Products in Mexico

Klar, S.A. de C.V., the Mexico City-based digital financial services platform, announced that it has secured a $100 million credit facility from Victory Park Capital (VPC), a global alternative investment firm specializing in private credit. The financial support from VPC will aim to “propel Klar… Read More

Mexico-Based Challenger Bank Klar Secures $15 Million Through Series A Funding Round Led By Prosus Ventures

Klar, a Mexico-based challenger bank, announced on Monday it secured $15 million through its Series A funding round, which was led by Prosus Ventures with participation from new investor International Finance Corporation and former investors Quona capital, who led Klar’s seed round, Mouro Capital (formerly Santander… Read More

WorldRemit Announces Partnerships With Mexican Neobanking Groups albo & Klar

WorldRemit announced on Thursday it has formed partnerships with Mexico-based neobanks albo and Klar. According to Jorge Godinez, Head of LATAM at WorldRemit, the UK based Fintech is considered the first money transfer company to enable transfers to albo and Klar. While speaking about the collaboration… Read More

Galileo Financial Technologies Scores Mastercard Certification in Mexico & Forms Partnership With Klar Following SoFi Acquisition News

U.S. fintech Galileo Financial Technologies announced on Thursday it has received its Mastercard certification in Mexico and has formed a new partnership with Mexican fintech Klar. The announcements come just weeks after SoFi acquired Galileo for $1.2 billion in both cash and stock. Galileo also… Read More

Mexican Challenger Bank Klar Secures $57.5 Million Through Latest Investment Rounds

Klar, a Mexico-based challenger bank, announced on Thursday it secured $7.5 million through its seed financing round. The company also reported that it raised an additional $50 million in debt funding. The latest seed round was led by Quona Capital, a fintech venture firm which leverages… Read More

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