StartupsNov 11, 2026, 1:13 AM UTC·1 min read

Clara raises $105M in equity and debt, led by Citius and Kaszek

Mexican fintech Clara has secured $105M, including a $65M Series C and a renewed $40M credit facility, to grow in Brazil and build more AI features.

A finance team reviewing corporate spending dashboards on a laptop, illustrating a business expense management platform. — Image: LatamList

Mexican fintech Clara has raised $105M in equity and debt. The package includes a $65M Series C round and the renewal of a $40M credit facility.

The Series C was led by Citius, Kaszek and DEG. Existing investors Acrew Capital, Citi Ventures, Coatue, General Catalyst, Monashees and Notable Capital also took part. The debt portion is the renewal of a $40M facility from General Catalyst's Customer Value Fund (CVF).

What Clara does

Founded in Mexico in 2021, Clara offers businesses a platform to manage payments, expenses and wider financial operations. The product relies on AI to generate spending reports, forecast expenses and check employee spending against company policies.

Where the money goes

The company plans to use the funds to expand its sales team in Brazil and to develop further AI and automation features. Clara currently lists more than 75 open positions in Brazil and intends to extend its presence to more than 20 cities in the country.

It also plans to broaden several services: vehicle and fleet management, travel payments, Pix and accounts payable.

The round shows continued investor interest in corporate spend management in Latin America, with both new and existing backers committing capital. For Clara, the focus on Brazil and on Pix, the country's instant payment system, points to a push to compete more directly in Latin America's largest economy, while AI tools aim to make expense control more automatic for finance teams.

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