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Mexico’s Clara enters Brazil on back of $70 million funding round

Clara, the end-to-end corporate spend management solution for companies in Latin America, officially announced its arrival in Brazil, backed by a $70M Series B equity financing round led by Coatue, the investment firm behind tech companies such as ByteDance (TikTok), Deel, Ramp, Melio Payments, Mercury Bank, and Latin American breakout successes like the cryptocurrency exchange Bitso.
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