Cuatrecasas represents Clara in $90m financing
Cuatrecasas, through its team in Bogota, has advised Mexican fintech Clara on a secured financing of up to US$90 million.
The financing was granted by Accial Capital and Skandia FCP Impacto, a debt fund managed by Accial, and the funds will be used to expand Clara’s operations in Colombia, where it expects to expand its client base by 30% and open its second local office in Medellín.
This transaction reinforces the interest of international debt funds in Latin America and Colombia.
Clara is a unicorn company, a corporate expense management platform in Latin America with more than 1,300 current clients.
Cuatrecasas’ team was led by partner Juan Carlos Puentes (pictured left), with support from senior associate Natalia Arango (pictured right) and associates Andrés Herrera, Laura Salazar and Lorenzo Lizarralde.
