Despite analyst forecasts pointing to a slowdown in the economy that could affect credit demand, Clara’s transaction volume grew 25% in March, according to Gerry Giacomán, Clara’s co-founder and CEO.
“We have seen a very positive moment and we add that through alliances with Banco Afirme, customers are extending their loans,” Giacomán explained.
The unicorn Clara made this alliance at the beginning of the month in order to provide financing to around 200 companies. The company has an annual transaction rate of more than 1,000 million dollars.
The arrival of nearshoring
The frequency of cross-border payments made by Clara’s clients is a way of seeing how nearshoring is becoming a reality in the country and the company is already preparing for this trend.
“We have seen that there has been an increase in the percentage of payments that go through our platform, there has been a significant increase in trips, we continue to innovate. We are close to announcing the launch of a cross-border payment product,” he added.