Latin American fintech Tribal raises $60m
Tribal, a B2B payments and financing platform for emerging markets, has raised $60M in Series B funding led by SoftBank Latin America Fund.
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Tribal, a B2B payments and financing platform for emerging markets, has raised $60M in Series B funding led by SoftBank Latin America Fund.
B2B payments company Tribal announced its expansion plans in Latin America, with operations starting in Colombia, Peru, and Chile next month.
Share this article Share this article 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 nonp...