The Weekly Wrap: all you need to know by Friday COB | May 2nd

By Puja Sharma

The Weekly Wrap is published every Friday and recaps the week’s main stories and deals, as well as upcoming events and announcements for Prime subscribers only.

The Big Story

Clara, a FinTech company in Latin America, has raised $80 million in funding to accelerate its growth in the region, according to media reports. The funding round, which includes contributions from Citi Ventures and General Catalyst’s Customer Value Fund, aims to bolster Clara’s presence in key markets such as Brazil, Mexico, and Colombia. The capital will be used to expand the sales team, enhance marketing initiatives, and support the company’s strategic growth plans. Clara’s CEO, Gerry Giacoman Colyer, mentioned that the company is nearing consolidated profitability and is investing heavily in AI and other technological advancements to streamline financial operations for its clients.

Deals of the week

• Amazon injects $41m into Amazon Pay India to boost FinTech push
• Pliant raises $40m Series B to expand B2B Payments to U.S.
• UNO Digital Bank deploys pennApps Lending Factory to transform loan Ops
• Singapore FinTech Surfin Meta raises $14m in latest funding round
• Tide secures £100m debt facility from Fasanara Capital
• FinTech LendMN raises $20m to boost MSME lending in Mongolia
• Lloyds Banking Group implements FICO Platform to upgrade lending systems
• Kommuninvest selects Profile’s Finuevo Core to modernise public sector lending
• C-One Ventures acquires Bankly to expand FinTech portfolio in Nigeria

Be on the lookout for

The IBSi Annual Sales League Table Awards 2025 is scheduled for June 12th this year, and promises to be a premier event celebrating excellence in sales within the FinTech industry. Held in Shangri La at The Shard, London the event Recognises outstanding achievements, honours top performers and innovative sales strategies that have made a significant impact on the sector.

Nominations are open until April 30, 2025, offering a valuable opportunity for industry leaders to spotlight success stories and best practices that are shaping the future of FinTech.

More than just an awards ceremony, the event also serves as a vibrant platform for networking, knowledge sharing, and collaboration among peers. It’s an ideal space to gain insights, celebrate excellence, and drive continued growth in the global FinTech community.