Miami-headquartered fintech Marco has secured a US$200 million credit facility from leading middle market lender MidCap Financial and global asset-based private credit specialist, Castlelake. That is on top of the US$8.2 million the startup had recently raised in equity funding led by Arcadia Funds LLC. Marco will use the funds to grow its Latin-America-focused risk solutions platform that enables SMEs to get a financing decision within days instead of weeks. Marco will now look at financing and empowering SME exporters across Latin America so that they can sell their goods to great partners in markets globally.
FinTech’s Green Revolution: Nurturing Sustainable Practices Among Small Businesses
BY Triterras
- 09/04/24
Ashish Srivastava, our Triterras' Chief Commercial Officer shares in-depth with Intelligent Fin.Tech, a global technology intelligence platform which gathers the latest financial information, on how FinTech has emerged as a crucial catalyst, motivating and supporting small to medium enterprises on their path towards environmental responsibility through sustainable trade finance.