Clara secures $70M in structured debt to expand in Mexico and Colombia Clara has raised $70M in debt from BBVA Spark, Covalto, and the IFC - International Finance Corporation to scale its corporate card and bill-payment products across Mexico and Colombia. The new facility strengthens the company’s regional strategy without equity dilution. The company now serves over 20,000 organizations and has expanded from expense management into an integrated stack connecting payments, controls, and financing. Mexico and Colombia remain key markets, with the IFC’s participation adding a focus on financial inclusion for women-founded SMBs. Source/More info: https://lnkd.in/dp3qNUS9 This and more updates in the newsletter. Sign up here: https://lnkd.in/gNimrjeR Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁] Nice story. Next! [ 𝗹𝗶𝗸𝗲 ]
En Covalto creemos en el financiamiento que impulsa innovación y expansión en Latinoamérica.