What's happening

Clara is working with 10,000 companies across Latin America, notably in Brazil, Mexico and Colombia, and reports an annual run rate of 5 million credit card transactions, which is equivalent to $1 billion, Gerry Giacomán Colyer, Clara’s co-founder and CEO, told TechCrunch.

The Amdani brothers founded Adapt Ventures as an early-stage firm and venture studio investing across the U.S. and Latin America.