Chiper Raises $12M in Series A Funding

Chiper, a Colombian e-commerce platform for independent merchants, raised $12m in Series A funding. Backers included WIND Ventures, Monashees and Kaszek Ventures. The company, which has built a large branded network of digitized corner stores in Latin America, will use the funds to expand its active user base, with the goal of having over 30,000 active users or 5% market penetration by the end of 2021.

Source: Finsmes