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Puntored, a Cross-Border Trade Fintech Company, Completes $2 Million Funding Round with Participation from Stellar Enterprise Fund

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September 8, 2024
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Puntored Secures $2 Million in Funding, Led by Stellar Development Foundation

Mexico City, September 8, 2023: Puntored, a blockchain-based cross-border transaction fintech company, has announced the completion of a $2 million funding round. The investment was led by the Stellar Development Foundation through its Stellar Enterprise Fund.

Puntored will use the new funds to enhance its technological capabilities and facilitate seamless cross-border transactions across Latin America through the Stellar blockchain network. The company plans to explore the implementation of digital wallets, embedded payment services for businesses, and SME credit solutions, catering to users in rural, metropolitan, and remote areas of Mexico, Colombia, and Puerto Rico.

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