Puntored, a cross-border financial technology company on the blockchain, has raised $2 million in funding, with Stellar Enterprise Fund participating

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On September 8, Puntored, an on-chain cross-border transaction fintech company, announced that it had completed a $2 million financing round, with the Stellar Development Foundation participating in the investment through its Stellar Enterprise Fund.

Puntored will use the new funding to expand its technological capabilities and enable cross-border transactions in Latin America through the Stellar blockchain network, primarily exploring digital wallets, enterprise embedded payment services, and SME credit to provide financial transaction services to users in rural, metropolitan, and remote areas in Mexico, Colombia, and Puerto Rico.

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