Clara provides a corporate credit card and expense management platform for SMBs in Latin America. Their solution helps businesses control spending, automate expense reporting, and streamline financial operations.
Funding
$120K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Small and medium-sized businesses (SMBs) in Latin America often face challenges accessing corporate credit cards and efficient expense management tools from traditional financial institutions. This lack of access can hinder their ability to manage cash flow effectively, control spending, and streamline financial reporting.
Solution
Tuily provides a corporate credit card and expense management platform designed specifically for SMBs in Colombia. The platform offers both physical and virtual credit cards with no management fees, coupled with a comprehensive expense management system. Tuily enables businesses to simplify accounting processes, track expenses in real-time, and gain greater control over their finances. By offering accessible credit and integrated expense management, Tuily empowers SMBs to optimize their financial operations and focus on growth.
Target Audience
Tuily primarily targets small and medium-sized businesses (SMBs) in Colombia that have been operating for at least two years and have annual revenues exceeding 350 million COP.
Features
- Corporate credit cards (physical and virtual) with Mastercard backing
- No management fees and low-interest rates
- Integrated expense management platform for tracking and reporting
- Real-time visibility into transactions and spending
- Automated expense recording and categorization
- Tools for managing budgets and controlling team spending
- Ability to issue multiple virtual cards for different employees or purposes
- Integration with Apple Pay for convenient payments