Cotaue is an investment firm that has also financed tech companies like Tik Tok and Bitso. Clara began operations eight months ago in the country and with this $ 70 million it reached a valuation of more than $ 1 billion.
The startup highlighted that with this injection of resources, it makes it the first startup to achieve the name of ‘unicorn’ so quickly.
For Giacomán, the title of ‘unicorn’ sees it as a vote of confidence on the part of investors about the company’s infrastructure and the alliances they have made with firms such as Mastercard.
The businessman said that the arrival in Brazil takes place in the midst of a context in which digital payments have accelerated, especially with Pix, a means of payment with QR codes.
With the money obtained in the round, Clara will accelerate its expansion in other Latin American countries such as Chile, Colombia, Peru, Argentina and Panama. In addition, it will offer better solutions for companies in Mexico and Brazil.
So far, Clara has more than 2,000 business clients and more than 10,000 cards placed in the market. By 2022, the expectation is to quintuple the number of customers.
Recently, the startup made an alliance with Mastercard to be able to offer its customers credit cards and thus stop depending on other providers.
Clara’s portfolio is made up of clients such as Kavak, Jüsto, Casai and Sofía Salud.
