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Klar

Digital banking platform

Klar logo
201-500 employees
  • Fintech
  • B2C
  • B2B
  • Banking
  • Personal finance
  • Financial Services
  • Mobile
Hipódromo, Ciudad de México, CDMX

Company mission

To democratize and revolutionize the way in which financial services have been delivered so far in Mexico.

Top investors

13% employee growth in 12 months

Our take

A recent study showed that only 37% of Mexicans over the age of 15 have a bank account. Backed by Mastercard, Klar wants to change that statistic. Not only is it trying to create an easier day to day banking experience for its users, it's actively looking to help its users apply for credit with no annuity.

Klar has made an impact in the space (successfully attracting three million users) and has been experiencing a period of hypergrowth. As a result, it has attracted significant funding and also acquired SOMOS, a credit data service. These big wins for Klar will enable it to continue to challenge some more well-established competitors like Kubo and Fondeadora.

Moving forward off the back of $170 million in funding between 202 and 2023, the company is focused on strengthening its credit offerings and building more borrowing products.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • An international work environment with amazing and highly skilled people
  • Stock options
  • Vacation days
  • Flexible work environment, with home office and remote work arrangements
  • A world-class team that helps you evolve your skills in areas you're interested in
  • An opportunity to have a real impact in one of the most exciting emerging markets

Company values

  • Excellence - We do everything to the best of our ability & always seek to achieve a new level of excellence in our work
  • Inclusion - We believe we are stronger together and actively work to promote a safe, diverse, inclusive, and respectful culture
  • Customer Obsession - We understand the value Klar can bring to its customers & it’s always at the forefront of our decisions
  • Klarity - We communicate clearly & with authenticity. It’s in our name & it’s what we do

Funding (last 2 of 3 rounds)

Jun 2022

$70m

LATE VC

Oct 2020

$15m

SERIES A

Total funding: $92.5m

This company has top investors

Leadership

Previously Venture Director at Nova Founders Capital, Manager at Bain & Company and undertook an MBA Summer Internship at Amazon in 2013.