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Puntored - Undisclosed
Overview
Funding Date
September 3, 2024
Financing amount
$2M
Valuation
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Catagory
Subcategory
About Puntored - Undisclosed
Puntored, a Colombian fintech that provides financial services like payments, credits, remittances, and prepaid services to low- and middle-income populations in Latam, raised $2M from the Stellar Development Foundation (SDF) through the Stellar Enterprise Fund, SDF's venture fund. Puntored will use the funds to expand its technological capabilities and enable cross-border transactions across Latin America through the Stellar blockchain network.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Foundation | United States of America | 2014 | 12 | hello@stellar.org |
Founders & Team
Andres Alban
Company Profile / Project Introduction
Puntored provides financial transaction services, including a digital wallet, embedded payment services for businesses, and credit for SMEs, to users in rural, metropolitan, and hard-to-reach areas across Mexico, Colombia, and Puerto Rico. With the integration of the Stellar network, over 18 million users in the region will gain access to faster, more affordable financial services powered by the Stellar blockchain network.