Company Information

Get to know Klar

Klar is a Mexico-based fintech company founded in 2019 with the mission to democratize financial services in the country. It operates as a regulated SOFIPO (Sociedad Financiera Popular), providing a 100% digital alternative to traditional banking. The company offers a suite of products designed for transparency and ease of use, including a secured and unsecured credit card with no annual fees, a debit account, and features for saving and investing money, all managed through a mobile application. Klar targets the large underbanked and unbanked population in Mexico, aiming to provide them with fair and simple access to credit and financial management tools.

Industry

Financial BankingPRIMARY
Financial Other Service
Financial Payment

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Klar

Mexico

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Reviews

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.