Crypto-focused enterprise payment platform Tribal Credit raises $60M
Crypto-facilitated cross-border payments services are gaining traction in Latin America — a region that has become a hotbed for the cryptocurrency industry. Crypto-focused enterprise payment platform Tribal Credit has raised $60 million in an oversubscribed investment round, putting the company on track to continue its expansion in Latin America — a region that has seen significant uptake of blockchain-based cross-border payments. The Series B investment round was led by SoftBank Latin America Fund, a venture fund that has invested in several fintech and software companies throughout the....
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The company is pushing new use cases for blockchain payments through its partnerships with Bitso and Stellar Development Foundation. Crypto-focused enterprise payment platform Tribal Credit has concluded a $40 million debt offering that was funded through fiat and stablecoins — giving the company additional capital to expand its business services in Latin America. The so-called hybrid debt round was financed by Partners for Growth, a California-based investment firm, and Stellar Development Foundation (SDF), which is a non-profit organization supporting the growth of the Stellar....
The initiative is focused on expanding credit and financing options for small- and medium-sized businesses in Latin America. Crypto-focused enterprise payment platform Tribal Credit has partnered with Visa to expand credit and financing options for small- and medium-sized enterprises across Latin America, highlighting the growing synergies between traditional payment providers and the blockchain industry. The partnership with Visa allows Tribal to issue business credit cards in local denominations and currencies across Latin America, including Mexico, Brazil, Colombia, Argentina, Chile,....
Tribal Credit, a crypto-focused payment and financing firm for startups providing advanced spend controls, has partnered with Visa to expand its financial tools offerings to small and medium-sized businesses in Latin America. The announcement made on Monday signifies the growing demand for blockchain-based payments instead of traditional ones. The collaboration with the world’s biggest payment […]
The partnership between Tribal Credit, Bitso and Stellar Development Foundation will rely on crypto to streamline B2B transactions in Latin America. Enterprise payment platform Tribal Credit has partnered with Latin American crypto exchange Bitso and the Stellar Development Foundation to create a new cross-border payment service for businesses, opening the door to broader use cases for blockchain technology in the region.The new service, which is geared towards small- and medium-sized enterprises, enables companies in Mexico to pay for goods and services in their native peso currency and....
Online payment platform, focused on capturing the migration from cash to digital currency by utilizing innovative blockchain technology to provide payment solutions, NetCents has announced the launch of its newly updated Enterprise Solutions Payment Gateway. All-in-one payments platform. The company has also commenced its beta testing on its Payment Gateway platform, a streamlined, e-commerce application that processes and authorizes secure credit card transactions, in both digital and traditional fiat currency, as well as PayPal and Apple Pay for merchants. According to the announcement,....