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Announced

Completed

General Atlantic led a Series B funding round in Klar.

Synopsis

General Atlantic, a growth equity firm, led a Series B funding round in Klar, a digital financial services platform, with participation from Prosus Ventures, Quona Capital, Mouro Capital, International Finance Corporation and Western Technology Investment. Financial terms were not disclosed. “The leadership team at Klar brings the vision, technical expertise and financial services credibility to be a breakout player that disrupts the Mexican financial services industry and has the potential to scale into the country’s leading full-service digital financial services platform. We are proud to partner with the company, which brings a differentiated tech stack and product offering, to accelerate its mission of broadening financial access and inclusion across Mexico,” Martín Escobari, General Atlantic Co-President, Managing Director and Head of Latin America.

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