Marco Financial Takes Aim at the $350 Billion Latam Trade Finance Gap With $26M Round

Marco Financial—the first tech-enabled financing platform built for small and medium-sized Latin American exporters—today announced it has secured $26M in funding and credit that will enable the company to address the $1.5T global trade finance gap that disproportionately impacts small-and medium-sized (SME) businesses. Marco supports SMEs based in Latin America, where a $350 billion trade finance gap blocks many exporters from the U.S. market. The funding includes an equity round, led by Struck Capital and Antler, and a credit facility underwritten by Arcadia Funds, LLC.

Source: Prnewswire.com