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Clara fintech, new Mexican unicorn, starts operations in Brazil

RIO DE JANEIRO, BRAZIL - Mexican fintech Clara announced that it received a Series B financing round for US$70 million, reaching a valuation of US$1 billion, which places it in the unicorn classification.

Clara began operations in early 2021 along with a US$3.5 million pre-seed round. Since then, the startup's growth has been meteoric.

In less than a year, the startup achieved what Kavak, Bitso, Clip, and Konfío (the other four startups that are also unicorns in Mexico) took several years to complete, which strengthened the Mexican entrepreneurial ecosystem and also announced its arrival . . .

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