About Claro Pay
Claro Pay is a company based in Miguel Hidalgo (Mexico) founded in 2013. It operates as a B2C, and D2C. Claro Pay offers products and services including Claro Pay App, Money Transfer Service, and Bill Payment Feature. Claro Pay operates in a competitive market with competitors including MoneyGram, Pagaloop, CarePay, Zave App and Edenred Wallet, among others.
- Headquarter Miguel Hidalgo, Mexico
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Claro Pay
Claro Pay offers a comprehensive portfolio of products and services, including Claro Pay App, Money Transfer Service, and Bill Payment Feature. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for money transfers, bill payments, and airtime recharges.
Service to send and receive money instantly via app.
Feature for paying phone plans and other services online.
Funding Insights of Claro Pay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Claro Pay
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Claro Pay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Claro Pay Comparisons
Competitors of Claro Pay
Claro Pay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MoneyGram, Pagaloop, CarePay, Zave App and Edenred Wallet, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cross-border payments are enabled via wallet solutions for consumers.
|
|
| domain | founded_year | HQ Location |
Card-linked wallet is provided for consumer payments via mobile app.
|
|
| domain | founded_year | HQ Location |
Provider of a health insurance platform for global insurers
|
|
| domain | founded_year | HQ Location |
Purchases are rounded up, and spare change is saved automatically.
|
|
| domain | founded_year | HQ Location |
Edenred Wallet is an app-based digital wallet platform designed for individual users.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Claro Pay
When was Claro Pay founded?
Claro Pay was founded in 2013.
Where is Claro Pay located?
Claro Pay is headquartered in Miguel Hidalgo, Mexico. It is registered at Miguel Hidalgo, Ciudad De Mexico, Mexico.
What does Claro Pay do?
Claro Pay is a digital platform that enables users to send and receive money, pay services like phone plans and utilities, and recharge airtime without leaving home. It offers features such as money withdrawals from ATMs, online payments at thousands of merchants, and integration with banking options. Based in Mexico City, it serves individual consumers seeking convenient financial tools, with benefits like no-cost transfers and rewards on purchases.
Who are the top competitors of Claro Pay?
What products or services does Claro Pay offer?
Claro Pay offers Claro Pay App, Money Transfer Service, and Bill Payment Feature.