The on-chain cross-border trading fintech company Puntored has completed a $2 million financing round, with participation from the Stellar Enterprise Fund

ChainCatcher news, the cross-border trading fintech company Puntored announced the completion of a $2 million financing, with the Stellar Development Foundation participating through its Stellar Enterprise Fund.

Puntored will use this new funding to expand its technological capabilities and enable accurate cross-border transactions in Latin America through the Stellar blockchain network, primarily exploring financial transaction services for users in rural, metropolitan, and remote areas of Mexico, Colombia, and Puerto Rico, focusing on digital wallets, embedded payment services for businesses, and credit for small and medium-sized enterprises.