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Klar raises $70m Series C funding

Mexico City based digital bank raised $70m in Series C funding led by General Atlantic.

“We’re starting to see the benefits of scale slowly starting to kick in,” Möller told TechCrunch in an interview. “We’ve not only been able to gain traction, but we’re also able to do it more cost-effectively and acquire more users organically.” The executive declined to share hard revenue figures or total customers.

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banking, mexico, emerging markets