Klar Secures $100 Million Debt Facility From Victory Park Capital To Expand Credit Products In Mexico
Klar Secures $100 Million Debt Facility From Victory Park Capital To Expand Credit Products In Mexico
08/15/23, 2:02 PM
Location
mexico cityMoney raised
$100 million
Industry
financial services
Investors
Vpc, Victory Park Capital
Klar, S.A. de C.V. (Klar), the Mexico City-based digital financial services platform, announced today that it has secured a $100 million credit facility from Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit. The financial support from VPC will propel Klar during a moment of transformative growth for the company, as it expands product offers that provide Mexicans with enhanced access to reliable, simple and transparent credit cards.
Company Info
Location
mexico city, cdmx, mexico
Additional Info
Klar, S.A. de C.V., has been working to democratize financial services in Mexico since 2019 by offering a 100% digital, transparent, free, and secure alternative to traditional credit. For more information, visit www.klar.mx. Klar, S.A. de C.V., is a commercial entity that offers credit products and is not supervised by the CNBV.