Puntored, On-chain Cross-border Trading Fintech Company, Completes $2 Million Funding Round with Participation from Stellar Enterprise Fund
Golden Finance reported that Puntored, a blockchain-based cross-border transaction fintech company, has closed a $2 million funding round. Stellar Development Foundation participated in the round through its Stellar Enterprise Fund. Puntored will use the new funds to expand its technological capabilities and enable real cross-border transactions in Latin America through the Stellar blockchain network. The company will primarily focus on exploring digital wallets, embedded payment services for businesses, and SME lending to provide financial transaction services to users in rural, metropolitan, and remote areas of Mexico, Colombia, and Puerto Rico.