Spend management space sees a large raise, and layoffs, in the same week
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive
Spend management firm Clara secures $60M amid rapid transaction growth in LatAm
Clara is working with 10,000 companies across Latin America and reports an annual run-rate of 5 million credit card transactions, equivalent to $1 billion.
AiFi adds new funding into its cart to expand autonomous retail footprint
Contactless stores are gaining traction, more so in Europe, but there are some trickling into the U.S., including Atlanta’s Nourish + Bloom Market that opened in January. In that article, we pointed
LatAm-focused corporate spend startup Clara raises $30M months after its last round
This morning Clara announced that it closed a new, $30 million funding round and secured a $50 million revolving debt facility. The startup, which provides corporate cards to Mexican companies, raised
Should there be some law against raising three times in one year?
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading.
LatAm corporate spend-management startup Clara raises $3.5M, comes out of stealth
This morning Clara, a corporate spend-management startup focused on the Latin American market, announced its product launch and a $3.5 million pre-seed round led by General Catalyst. The company’