The Mexico-based challenger bank secured $15m in a Prosus Ventures-led round that included the Santander-sponsored Mouro Capital.

Prosus Ventures, the corporate venturing arm of media and internet group Naspers, led a $15m series A round for Mexico-headquartered digital bank Klar yesterday.

Mouro Capital, the venture capital firm spun off by financial services firm Santander, also took part in the round, along with the World Bank-owned International Finance Corporation and VC firms Quona Capital and Acrew Capital.

Founded in 2019, Klar has launched a banking app that allows users to set up a current account with no minimum…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.