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Synopsis
SoftBank Latin America Fund, an investment firm that invests in companies that focus on the internet industry, led a $60m Series B round in Tribal Credit, a payments and financing platform that provides SMBs in emerging markets with better access to financial services, with participation from Coinbase Ventures, BECO Capital, QED Investors, and Rising Tide. “At the intersection of crypto, credit, and payments, there are amazing opportunities for FinTechs in emerging markets. We could not be more excited for what 2022 holds for us and our customers," Mohamed Elkasstawi, Tribal Chief Strategy Officer.
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