Newsroom - Clara

Clara and Bitso Business partner to launch stablecoin-backed corporate cards for businesses in Latin America

Written by Clara | Sep 17, 2025

Clara, Latin America’s leading corporate spend management platform, and Bitso Business, the B2B arm of Bitso that provides infrastructure for efficient and transparent cross-border payments, are partnering to launch stablecoin-backed payments and corporate cards, enabling companies to make and manage payments with greater speed, stability, and control.

This collaboration enables companies holding stablecoins in Bitso to use those assets as collateral for payments products issued by Clara. Businesses can unlock the full Clara ecosystem, including smart corporate cards, domestic and international payments, bill pay, and AI-powered financial software, without having to liquidate their crypto holdings.

“Through this partnership between two best-in-class platforms, we’re accelerating the future of corporate payments and treasury and making it accessible today.” said Gerry Giacomán Colyer, Co-Founder and CEO of Clara. “We’re combining Clara’s payments infrastructure with Bitso’s crypto and stablecoin ecosystem to give businesses smarter, faster ways to access liquidity whether they’re paying for software subscriptions, managing travel expenses, or funding growth initiatives.”

Bitso verifies a company’s stablecoin holdings and acts as a guarantor, establishing the collateral agreement directly with Clara. Based on this structure, approved clients can access Clara’s full payment ecosystem.

“At Bitso, we believe the future of finance is built on real-world applications of crypto, and stablecoins are at the heart of that transformation,” said Daniel Vogel, CEO and Co-Founder of Bitso. “We're seeing a massive trend in companies using stablecoins to manage their treasuries, confirming their role as a key technology for moving money and storing value. This partnership with Clara is a direct response to the growing demand from our Bitso Business clients. The timing is perfect, there's an incredible appetite for products built on stablecoins, and together with Clara, we’re able to unlock new operational power from these assets.” ”

The offering primarily targets mid-market and enterprise businesses in Mexico holding stablecoins USDC and MXNB, particularly organizations that need simpler ways to fund operations without repatriating capital or navigating legacy banking rails. Regional expansion will follow based on customer demand.

As companies across Latin America navigate growing financial complexity and currency volatility, demand is rising for more agile treasury solutions. Clara already processes USD billions in payments annually, making it one of the most relevant B2B financial services platforms in the region. With this launch, it now becomes the first in Latin America to enable such transactions secured by stablecoin collateral. Interested companies can join the waitlist to be considered for the pilot. Each case will be evaluated individually, with tailored onboarding support from the Clara and Bitso Business teams.

About Clara

Clara is the leading corporate spend management solution in Latin America. Its platform, designed to automate financial operations and deliver an unparalleled level of control and efficiency, includes corporate credit cards, invoice management, bill payments, cross-border payments, and proprietary real-time expense management software.

Launched in 2021 as a Latin American multinational, the company has secured investments from strategic regional VCs like Monashees, Kaszek Ventures, and Canary, as well as global investors such as Notable Capital, Coatue, DST Global, ICONIQ Growth, General Catalyst, and Goldman Sachs.

Clara's mission is to empower companies to operate with agility and clarity, helping them become more efficient and less bureaucratic through a platform that integrates multiple payment methods with its innovative spend management tools.

For more information about Clara’s products and solutions, visit clara.com.

About Bitso

Bitso is Latin America’s leading financial services company powered by crypto, with a community of more than 9 million customers. Bitso offers a secure, regulated and easy-to-use digital platform to buy, sell, hold, earn yields and transact over 100 cryptocurrencies.

Bitso Business is the company’s B2B segment with over 1,900 institutional clients. Bitso Business provides infrastructure for cross-border payments, enabling global companies to instantly pay and get paid in local currency and move money across borders with cost-efficiency and transparency.

Founded in 2014, with over 500 employees in 35 different countries, Bitso is working to make crypto useful by unlocking the power of borderless, secure and easy-to-use financial products. Bitso remains committed to empowering the region by providing universal access to the digital economy of the future and enabling a fairer monetary system. To learn more about Bitso, visit bitso.com #makecryptouseful