Nocnoc Raises $14 Million In Series A Funding Led By Paypal Ventures To Accelerate Cross-Border Ecommerce In Latin America
Nocnoc Raises $14 Million In Series A Funding Led By Paypal Ventures To Accelerate Cross-Border Ecommerce In Latin America
06/09/23, 1:06 PM
Location
são pauloMoney raised
$14 million
Industry
e commerce
Round Type
series a
nocnoc, the leading facilitator of cross-border eCommerce between global sellers and Latin America, today announced that it has secured $14 million in Series A funding, led by PayPal Ventures with participation from Mouro Capital, Quona Capital, Caravela Capital, Broadhaven and Ignia. The funding will further strengthen nocnoc’s mission to help international businesses grow and expand into Latin America. nocnoc plans to utilize the capital to expand its reach into new markets and open additional sales channels. The capital will also be used to enhance nocnoc's fulfillment solution for retailers and expand its payments support, providing a safer and more reliable cross-border eCommerce experience for sellers around the world.
Company Info
Location
são paulo, são paulo, brazil
Additional Info
nocnoc is the largest cross-border store in Latin America. With our solution, global brands and retailers can sell their products in 15 marketplaces in less than 48 hours, without the need to open accounts on each marketplace. Instead, their products will be featured in our mega stores that are already well-known and trusted by Latin Americans, maximizing conversion rates.
Global sellers only need to send their packages to our US or China warehouse - we'll take care of international shipments, customs, taxes, cancellations, returns, and customer support.