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Our Private Equity Group provides trusted counsel derived from deep industry knowledge to established as well as up-and-coming private equity firms. We represent firms of every size across the spectrum of investment strategies, and we build long-standing relationships with our clients. As active participants in the private equity industry, we are able to advise our clients on the latest innovations, as well as current market practices and trends.
General Atlantic to Invest in Klar
- Client News
- July 19, 2021
Paul, Weiss is advising General Atlantic in its Series B investment in Klar, a leading digital financial services platform providing a transparent, free and secure alternative to traditional debit and credit services in Mexico. General Atlantic led the round with participation from existing investors Prosus Ventures, Quona Capital, Mouro Capital, International Finance Corporation and WTI. Funding will be used to strengthen Klar’s efforts to broaden access to consumer credit as Mexico’s transition to a digital economy accelerates through product and proprietary technology expansion. The transaction is subject to customary closing conditions and regulatory approvals.