Written by: Francis Shih
Date: September 24, 2019
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.
