Clara Appoints Leonardo Ramos as Country Manager for Mexico and Colombia

Mexico City, March 11, 2024.- Clara, the leading Latin American solution for companies to make and manage all their payments, announces the arrival of Leonardo Ramos as its new Country Manager in Mexico. The executive, who has held the same role in Colombia, will now oversee both countries to maximize the business’s global intelligence.

As part of his new role in Mexico, Leonardo will seek to sustainably maintain the country’s accelerated growth rate and oversee the development of new products, including cross-border payments, flexible daily financing payments, fuel cards for logistics companies and more. For 2024, the goal is to triple transaction volume in the country compared with the previous year and consolidate Clara as the fastest-growing corporate credit card solution and the second largest in the country. The company also aims to continue strengthening relationships with existing partners such as Deloitte, Sabadell, Banca Afirme and Goldman Sachs.

“I am excited to take this next step in my career at Clara. Over the years I have seen that we have great opportunities to transform the way companies carry out their payment processes. That, combined with the complete technology ecosystem Clara offers and develops from our own clients’ needs, gives me the conviction that we will continue the growth trajectory Mexico has experienced in recent years, as well as in every market where we operate,” the executive said.

Leonardo Ramos’s appointment is tied to his track record at the company, where he has worked since its founding. After serving as its first Global Head of Growth, he moved to Bogotá to launch Clara Colombia. Under his leadership, Clara took off in two years to become one of the country’s four largest commercial card issuers by payment volume. In that market, Clara has a portfolio of more than 2,000 companies, including Grupo Argos, Aviatur, Kenworth, Toyota, RCN TV and Studio F, and has closed major alliances with players such as Lifemiles, Fendipetroleo and Holcim, as well as a recent agreement with the National Guarantee Fund (FNG).

“Leonardo’s experience and leadership will help us continue expanding our product to include advanced software features that keep meeting the needs of growing companies. Over the past two years we have expanded Clara beyond cards into an all-in-one business payments ecosystem. For this year, the goal is for Clara to be a solution that saves more time and money for our clients and their employees,” says Gerry Giacomán Colyer, co-founder and CEO of Clara.

Clara serves more than 10,000 large and growing companies in Mexico, Colombia and Brazil. Through its payment solutions, Clara’s clients transact around USD 2 billion a year.