Klar Raises $57.5M In Debt & Equity To Become The ‘Chime of Mexico’

Written by: Francis Shih
Date: September 24, 2018

Klar, a Mexico City-based startup that wants to democratize banking services in Mexico, has raised $57.5 million in debt and equity seed funding with the goal of becoming the “Chime of Mexico,” among other things.

Specifically, the digital banking startup raised $7.5 million in equity and $50 million in debt financing, the debt portion being provided by Arc Labs.

Heather Shaw