In the bustling hub of Mexico City, Finkargo has sparked a revolution in international trade.
With their recent $20 million Series A funding, led by QED Investors, and supported by Nazca, Quona, Flybridge, Maya, and ONEVC, Finkargo is on a mission to empower small and medium-sized businesses (SMBs) worldwide.
This substantial investment will not only accelerate Finkargo’s growth in Mexico but also extend its offerings beyond trade financing into an integrated suite of trade services.
But what exactly makes Finkargo a game-changer in the realm of international trade?
Founded in 2021 by Santiago Molina, Andres Ferrer, and Tomas Shuk, Finkargo is a trailblazing international trade platform with a unique focus on empowering international sourcing for SMBs in Latin America (LATAM).
Their approach is holistic, providing comprehensive trade solutions that range from verifying suppliers and shipments to offering cargo insurance and trade financing. This well-rounded approach ensures that businesses can navigate the complex world of international trade with confidence.
One key differentiator for Finkargo is their use of proprietary trade data. Leveraging this data, they meticulously analyze supply chains to tailor their solutions to the specific needs of each importer. This means businesses can trust that Finkargo’s services are customized for maximum efficiency and cost-effectiveness.
The impact of Finkargo’s work is nothing short of remarkable. They have already served over 250 customers and extended financial support to over 2,000 import operations.
Their extensive network includes 430 suppliers spanning 40 countries, bridging the gap between small businesses and the global market.
As Finkargo secures this $20 million Series A funding, they are gearing up for an even more transformative journey.
The focus now extends beyond trade financing to a comprehensive suite of trade services. Supplier sourcing, product verifications, cargo insurance, foreign exchange, and international trade data intelligence are on the horizon.
This development signifies that SMBs in Latin America and beyond will have access to a one-stop platform that simplifies the intricacies of international trade.
The funding from QED Investors, Nazca, and others is a testament to the immense potential Finkargo holds in making international trade accessible and efficient for businesses of all sizes.
In conclusion, Finkargo’s journey with this significant funding round is not just a financial milestone; it’s a testament to its commitment to simplifying international trade.
The intricate world of global commerce is now more accessible and transparent, thanks to Finkargo’s innovative approach. The $20 million Series A funding serves as a launching pad for their mission to empower SMBs in Latin America and beyond, and it’s a journey that holds promise for the future of international trade.
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