On-chain cross-border transaction fintech company Puntored completes $2 million financing, Stellar Enterprise Fund participates
Puntored, an on-chain cross-border transaction fintech company, announced the completion of a $2 million financing, with the participation of the Stellar Development Foundation through its Stellar Enterprise Fund. Puntored will use this new funding to expand its technical capabilities and enable true cross-border transactions in Latin America through the Stellar blockchain network, mainly exploring digital wallets, enterprise embedded payment services and SME credit to provide financial transaction services to users in rural, metropolitan and remote areas of Mexico, Colombia and Puerto Rico.