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SAN FRANCISCO, April 21, 2021 /PRNewswire/ Tribal Credit, a payment fintech specially designed for small and medium-sized businesses in emerging markets, announced today closing a combined Series A and debt round of $34.3 million.
The investment was led by QED Investors and Partners for Growth (PFG). Existing investors BECO Capital, Global Ventures, OTG Ventures and Endure Capital also took part in the round, joined by new investors Endeavor Catalyst.
As part of the investment, Tribal received $3 million from the Stellar Development Foundation, a nonprofit organization that supports the development and growth of the open-source Stellar blockchain network. Their investment will facilitate the development of Tribal s blockchain products and integration onto the Stellar network.
Tribal Credit Raises $34 3 Million to Fuel Mexican Growth and Support SMEs in Emerging Markets
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