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LatAm Fintech Clara Appoints New Head of Startups, Venture Capital, and Private Equity

Clara, the Latin American payment solution for businesses, has made a significant appointment, naming Cristian Raygoza as its new Head of Startups, Venture Capital & Private Equity. This move is part of Clara’s strategy to foster innovation and expand its reach in the Latin American business ecosystem.

Cristian brings a wealth of experience to Clara, having served as the Managing Partner of Iluminar Ventures, a seed-stage venture fund that has invested in 35 companies operating in Mexico, Brazil, and Colombia. He also has experience as an Investor at Gaingels, a notable venture firm that promotes diversity and inclusion and has invested in Clara. Cristian has also worked in the CIO’s office at AIG’s $360 billion asset manager. He holds a degree in Economics from the University of Chicago.

Expressing his excitement about joining Clara, Cristian mentioned that he has met hundreds of fast-growing startups and investors in the region and believes that Clara’s solution is much-needed. He is proud to be a part of Clara’s mission.

Gerry Giacomán Colyer, CEO and co-founder of Clara, expressed enthusiasm about Cristian’s appointment, stating that as an early investor and believer in Clara’s mission, Cristian understands the company well. Giacomán Colyer believes that Cristian’s role will accelerate Clara’s efforts to become the best regional partner to the innovation ecosystem, supporting both startups and investors. While Clara’s customer base is currently focused on larger businesses, Giacomán Colyer emphasizes the importance of being strong allies and supporting the competitiveness of high-growth companies.

With operations in Brazil, Colombia, and Mexico, Clara boasts over 11,000 companies using its services in the region and has processed more than USD 500 million in payments from startup customers. Clara’s platform offers a comprehensive solution designed to help businesses operate with agility and financial clarity, streamlining their payment operations and improving efficiency.

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