# Klar: Financial services, Mexico City, Mexico > Klar: Klar is a Mexico-based FinTech company and a fully digital bank founded in 2019. Based in Mexico City, Mexico. Founded 2019. Source: https://millionrounds.com/startup/klar-4 (Millionrounds; every figure on the page links to its filing or article) Mexico · [Financial services startup](https://millionrounds.com/companies) # Klar Klar is a Mexico-based FinTech company and a fully digital bank founded in 2019. Funding reported Last round: Debt financing Financial services Mexico City, Mexico Company summary - **Founded:** 2019 7 years old - **Team:** 400 201 to 1,000 people - **Funding reported:** 357.5M as listed, currency not stated - **Last round:** Debt financing Aug 2023 How sure we are - ✓ **Listed** We know it exists and what it does - 2 **Funding reported** A company dataset reports a raise - 3 **Observed** A filing or a dated announcement confirms a round No round for Klar has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology) ## About Klar Klar is a Mexico-based FinTech company and a fully digital bank founded in 2019. It aims to democratize financial access for the underbanked and underserved populations in Mexico, providing transparent and fee-free financial services. With its headquarters in Mexico City and an additional presence in Berlin, Klar has raised over $332.5 million in funding, achieving a valuation above $800 million. Klar operates through a mobile application available on iOS and Android, offering a range of services including a digital savings account, a no-annual-fee credit card, personal loans, and investment options. The platform features an AI-driven risk engine to assess creditworthiness, making it accessible for users without traditional credit histories. Klar serves over 2 million users, focusing on providing affordable financial products that promote financial freedom without hidden fees. ## What company datasets say Klar raised Funding, as reported Reported in all **357.5M** in the source's currency Rounds **8** Last round **Debt financing** Last round size **170M** Last round date **Aug 2023** Investors listed **18** ## On 4 portfolio pages Investors who name them - [Acrew Capital](https://millionrounds.com/fund/acrew-capital) - [Mouro Capital](https://millionrounds.com/fund/mouro-capital) - [Nascent](https://millionrounds.com/fund/nascent) - [Roosh](https://millionrounds.com/fund/roosh) Each firm lists Klar on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source. ## The company, in detail What they build Known for transparent fees management consulting mobile payments daily growth security user experience digital payments consumers customer engagement interest-free installments easy account opening small business loans mexico investment returns mexico instant approval ai in banking computer & network security Built with from their website GitHub Actions Docker Google Tag Manager Amazon CloudFront JUnit Google Sheets dbt Atlassian Twitter Analytics Google Ads +8 more YouTube Adobe After Effects Google Workspace CloudFlare Viewport Meta LinkedIn Ads Flyway AppsFlyer - **Sector:** Financial services - **Industry code:** NAICS 522110, 523940, SIC 6021, 6211 - **Region:** Federal District - **Revenue:** 300M a year, as listed - **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/klar-00571ffd29) ## Financial services in Mexico Startups like it - [**DolarApp** Mexico City · founded 2021 *Raised*](https://millionrounds.com/company/dolarapp) - [**Aviva** Mexico City · founded 2022 *Raised*](https://millionrounds.com/company/aviva) - [**CXC** Mexico City · founded 2005 *Raised*](https://millionrounds.com/company/cxc) - [**tapi** Mexico City · founded 2022 *Raised*](https://millionrounds.com/company/tapi) - [**Monato** Mexico City · founded 2024 *Raised*](https://millionrounds.com/company/monato) - [**EFEX** Ciudad de Mexico · founded 2022 *Raised*](https://millionrounds.com/company/efex) - [**Fondeadora** Mexico City · founded 2011 *Raised*](https://millionrounds.com/company/fondeadora) - [**yotepresto.com** Guadalajara · founded 2014 *Raised*](https://millionrounds.com/company/yotepresto-com) ## Is this your company? Add your raise, your deck and your story, and put Klar in front of investors. Or tell us what we have wrong. [List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)