Florida based LATAM focused export loan platform raised $7m in seed funding led by Kayyak Ventures. They also raised a $75m credit line.
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Marco Financial raises $82m in debt, equity seed round to support small Latin American exporters
“For small and medium businesses in trade, this is important for companies creating a high level of job growth and lowering the poverty rate...by making it easier for businesses to transcend the 30, 60, 90 and now even 120 days they wait to be paid for supplies, we can solve that gap and unlock billions in value so that companies can scale," said Jacob Shoihet, CEO and co-founder.
