Klar, S.A. de C.V., a Mexico City-based digital financial services platform, secured a $100m credit facility from Victory Park Capital.
The financial support from VPC will enable Klar to expand product offers that provide Mexicans with enhanced access to credit cards.
Led by Stefan Möller, CEO, Klar provides consumers with a credit card that offers cash back on all purchases, the ability to make mobile payments, and access to buy now, pay later services. The company also offers consumers salary advances and credit lines. Klar and its affiliates work closely with Mexican financial regulators to ensure that their financial products are secure and accessible to all customers.
FinSMEs
15/08/2023