Clara secures $70m structured debt facility for Mexico and Colombia
IFC, BBVA Spark and Covalto jointly provided the financing announced in November 2025.
Clara secured a $70 million structured debt facility provided jointly by International Finance Corporation (IFC), BBVA Spark and Covalto, announced on 25 November 2025. The financing supports expansion in Mexico and Colombia and growth of its corporate credit card and bill-payment products.
BBVA Spark’s facility will support Clara’s payments business in Colombia, while IFC and Covalto will support its expansion in Mexico. The package complements Clara’s existing financing relationship with Goldman Sachs.
Use of funds
Expansion in Mexico and Colombia
Corporate credit card and bill payment growth