Clara renews $150m credit facility with Goldman Sachs
The Mexican fintech will use the renewed facility to support its corporate payments business.
Clara has renewed a $150m credit facility with Goldman Sachs as it expands payment services for businesses in Latin America.
The company provides corporate cards, bill payments, cross-border transactions and business-travel tools. Its financing supports growth among mid-market and large corporate customers.
Clara reported total debt capacity of more than $250m across its facilities. The announcement did not disclose incremental new capital under the renewed Goldman Sachs line.
Use of funds
Expand corporate payment services