About Klar
Klar is a company based in Mexico City (Mexico) founded in 2019 by Stefan Moller. It operates as a FinTech, and Subscription Services. Klar has raised $332.5 million across 9 funding rounds from investors including Santander, International Finance Corporation and Televisa. Klar has completed 1 acquisition, including Somos Credit. Klar offers products and services including Klar Credit Card, Klar Platinum Credit Card, Klar Account, Klar Investment, and Personal Loan. Klar operates in a competitive market with competitors including Cuenca, Bankaya, Miio and Fonlas, among others.
- Headquarter Mexico City, Mexico
- Founders Stefan Moller
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Klar Technologies, S.A. De C.V., S.F.P.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$332.5 M (USD)
in 9 rounds
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Latest Funding Round
$170 M (USD), Series C
Jul 01, 2025
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Investors
Santander
& 16 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Klar
Klar offers a comprehensive portfolio of products and services, including Klar Credit Card, Klar Platinum Credit Card, Klar Account, Klar Investment, and Personal Loan. 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.
Credit card offered with no lifetime annual fee.
Premium metal credit card with exclusive benefits provided.
Account with annual yield up to 8.5% offered.
Investment options starting from 100 MXN are provided.
Direct personal loans with flexible payment terms offered.
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Funding Insights of Klar
Klar has successfully raised a total of $332.5M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $170 million completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series C — $170.0M
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First Round
First Round
(25 Sep 2019)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series C - Klar | Valuation | General Atlantic | |
| Jul, 2025 | Amount | Debt – Venture - Klar | Valuation |
investors |
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| Aug, 2023 | Amount | Debt – Conventional - Klar | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Klar
Klar has secured backing from 17 investors, including venture fund and institutional investors. Prominent investors backing the company include Santander, International Finance Corporation and Televisa. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Blank check and private debt firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture debt is provided globally across multiple sectors.
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Founded Year | Domain | Location | |
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Private equity fund focused on global markets
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Klar
Klar has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Somos Credit. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Credit-focused financial services are provided through an online platform.
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Klar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Klar Comparisons
Competitors of Klar
Klar 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 Cuenca, Bankaya, Miio and Fonlas, 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 |
Internet first banks for retailers
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| domain | founded_year | HQ Location |
Digital banking solutions are offered via an online platform.
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| domain | founded_year | HQ Location |
Digital banking services for consumers are provided via mobile apps.
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| domain | founded_year | HQ Location |
Provides blockchain-based banking app with instant transfers and secure notifications.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Klar
Frequently Asked Questions about Klar
When was Klar founded?
Klar was founded in 2019.
Where is Klar located?
Klar is headquartered in Mexico City, Mexico.
Is Klar a funded company?
Klar is a funded company, having raised a total of $332.5M across 9 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $100M, raised on Sep 25, 2019.
What does Klar do?
Klar is established as a digital financial platform in Mexico, offering a range of services including credit cards, personal loans, investment options, and accounts with competitive yields. The company operates in the financial technology sector, focusing on accessible and flexible financial solutions for individuals and businesses. Security and regulatory compliance are emphasized, with authorization from the CNBV and advanced technology to protect user funds. Various products like Klar Plus and Platinum cards are provided to cater to different customer needs.
What products or services does Klar offer?
Klar offers Klar Credit Card, Klar Platinum Credit Card, Klar Account, Klar Investment, and Personal Loan.
How many acquisitions has Klar made?
Klar has made 1 acquisition, including Somos Credit.
Who are Klar's investors?
Klar has 17 investors. Key investors include Santander, International Finance Corporation, Televisa, General Atlantic, and Accion.