Connect Your Foreign Accounts via Plaid to Increase Your Credit Line

At Clara, we want to ensure your business always has the necessary capital to grow. To achieve this, we use Plaid, a world-leading Open Banking platform that allows you to securely and automatically connect your financial accounts to Clara. 🛡️

Why Connect Your Accounts with Plaid?

The main purpose is to simplify your financial management. By integrating your accounts, Clara can access updated information without you having to manually send bank statements every month.

Key benefits for your business:

• Higher Credit Lines: By having visibility into your financial health, we can offer broader spending limits with lower risk exposure.

• Time Savings: Forget about manual document uploads; the information updates automatically.

• Fast Setup: The linking process takes less than 3 minutes.

Your privacy is our priority:</strong> Clara only obtains the <strong>current balance of the connected account. Plaid uses bank-grade encryption standards to ensure your data remains protected at all times.

Step-by-Step Connection Guide

1. Log in to your Clara platform.

2. Navigate to the Company (Empresa) section.

3. Select Connect Foreign Accounts.

4. Click Connect New Account.

5. Choose your bank: Select your financial institution from the list.

6. Secure Link: Enter your banking credentials (just as you do on your bank’s portal). Done! Your account is now automatically linked.

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