Neobanco Klar

Brazilfintech

Klar is a Mexican neobank that provides digital banking and credit services, aiming to increase financial inclusion by offering accessible financial products to underserved consumers. The company operates primarily through a mobile app, offering credit cards, personal loans, and savings accounts with a focus on transparency and lower fees. Its target customers are individuals in Mexico who lack access to traditional banking services. Klar recently raised $190 million in a funding round ($170 million equity and $20 million debt), valuing the company at over $800 million and positioning it as a near-unicorn in the Latin American fintech space.

Key people

• Stefan Möller Co-Founder & CEO