Klar is a Mexico City-based challenger bank working to democratize bank services in Mexico.
Klar offers a 100% digital, transparent, free and secure alternative to traditional credit cards and debit services.
Klar was founded in 2019 by Stefan Moller, Daniel Autrique, and Gianluigi Davassi. The company is headquartered in Mexico City, CMX.
Klar is backed by Quona Capital, Santander Innoventures, aCrew (ex-Aspect Ventures), FJ Labs, Arc Labs, and Western Technology Investment. The company raised $57.5M in funding ($7.5M seed financing and $50M debt funding) on Sep 24, 2019.