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The Goldman Sachs Group, Inc. (GS-PK)

NYSE - Nasdaq Real-time price. Currency in USD
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25.74+0.04 (+0.16%)
As of 03:20PM EDT. Market open.
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    Mexican corporate card Clara lands $150 million debt facility from Goldman Sachs

    Mexican "unicorn" Clara, a startup with a valuation over $1 billion that offers corporate credit cards and expense management resources, said on Monday it has secured $150 million in debt financing from Goldman Sachs. The funds will be used to flesh out Clara's technological infrastructure and on increasingly larger credit lines for clients, Clara's chief executive officer, Gerry Giacoman, told Reuters. "Every day bigger and bigger companies are working with us, including some of the largest corporations operating in Latin America," Giacoman said, noting Spanish bank Sabadell, Mexican hotel chain RLH Properties and airline Volaris were clients.