$TRIT I'm guessing Marco isn't profitable yet? I wonder when TRIT will be setting foot in LatAm. crowdfundinsider.com/2021/0... Marco Financial has raised $80 million in seed funding led by Kayyak Ventures while simultaneously received an increased credit line to $100M provided by Arcadia Funds. Additional investors in the seed round and expanded credit facility include Village Global VC, Flexport Ventures, Tresalia Capital, 342 Capital, Struck Capital, Antler LLC, Antler Elevate, Florida Funders, and Fox Ventures. Strategic angel investors include Phil Bentley, CEO of Mitie and Naman Budhdeo, CEO and Co-Founder of Tripstack and FlightNetwork. “Small exporters, especially in LatAm, are burdened with a broken financing system that makes it nearly impossible to compete with larger exporters. Banks aren’t built to serve the needs of smaller companies; they often make SMEs wait around 90 days before rejecting over 50% of trade finance applications.
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