NocNoc secured $14M in a Series A round led by PayPal with participation from Mouro Capital, Quona Capital, Caravela Capital, Broadhaven, and Ignia.
The Uruguayan company plans to use the funds to grow operations in Brazil and expand services to Mexico. NocNoc intends to create additional fulfillment centers and integrate new features into its platform, such as advance payments to sellers.
NocNoc is a tech company that facilitates cross-border e-commerce between Latin America and sellers across the globe. Merchants can access online marketplaces like Amazon, Mercado Libre, Walmart, and Copper. The company also handles consumer communication, delivery logistics, cancellations, and returns.
Read more at El Pais & TechCrunch
