Clara Launches TravelPay, Its New Corporate Travel Payments Vertical

Mexico City, June 2025 — Clara, the leading corporate spend management platform in Latin America, announces the launch of Clara TravelPay, a new business vertical focused on payments for the corporate travel sector. This strategic move marks an important step in Clara's expansion within the business ecosystem, with a disruptive solution that redefines how companies manage their travel.

Although Clara TravelPay is launching for the first time in Mexico and Colombia, the solution already has strong traction in Brazil, where the country's leading travel agencies use Clara's infrastructure. Regionally, the company has already managed more than 13.9 billion pesos in travel-related transactions, establishing itself as a key player in the evolution of the corporate financial ecosystem.

Clara TravelPay offers a robust, specialized payments infrastructure developed to simplify and add greater security to business travel management. Among its main features are the VCN (Virtual Card Number), which generates unique virtual cards per transaction, and the CTA (Centralized Travel Account), an option that consolidates all payments into a single corporate account.

The solution also integrates easily with booking systems and financial management tools, making it possible to segment expenses by cost center and generate customized reports. This facilitates automatic payment reconciliation and improves compliance with internal policies, providing greater visibility, control and efficiency. In short, it's a solution designed to bring more visibility, order and efficiency to travel-related payments for businesses of all sizes.

"With Clara TravelPay, we want to transform the corporate travel payments industry in Latin America with the best technology. We know how complex this operation can be for agencies and finance teams, which is why we developed a solution designed to be their best ally: flexible, powerful and ready to integrate with the systems they already use. Our goal is clear: to be the preferred partner in the region for everything related to corporate travel payments," said Leonardo Ramos, Country Manager of Clara for Mexico and Colombia.

As part of this new chapter, Clara brought on executive Andrés Garrido as its first Strategic Travel Lead. With a solid track record in sales and more than ten years of experience in the corporate travel sector, including at AirPlus, one of the industry's leading companies over the past decade, Andrés joins with the mission of strengthening strategic relationships with travel agencies, TMCs, MICEs and large companies. He will also lead the launch and positioning of Clara's solutions for the travel industry, tailoring them to the sector's specific needs, and will guide product development and improvement to align with market demands and customer expectations.

His role will be particularly important at this moment, marked by the launch of the new vertical and the start of a partnership with Omnibees, whose hotel technology allows simplified booking management, now paired with Clara's payment methods.

The Clara TravelPay announcement comes at a pivotal time for the company, just days after confirming an $80 million investment led by growth funds. The investment will go toward strengthening operations in new markets and developing solutions tailored to verticals such as corporate travel.

With a presence across the region and a value proposition built on efficiency, control and scalability, Clara continues to advance toward becoming the go-to financial infrastructure for businesses in Latin America.

About Clara

Clara is Latin America's leading platform for end-to-end corporate spend management. Designed to automate financial processes, it gives businesses an unmatched level of control and operational efficiency.

With Clara, organizations gain access to customizable corporate credit cards and features such as financed SPEI, international payments, a reimbursement module and AI-powered software, all in one place to help finance teams make smarter decisions.

Since its launch in 2021, Clara has provided financial solutions to more than 20,000 businesses in Brazil, Colombia and Mexico. It is backed by top-tier global and regional investors, including Monashees, Kaszek, Canary, Notable Capital, Coatue, DST Global, ICONIQ Growth, General Catalyst and Goldman Sachs.

For more information, visit clara.com.