According to BlockBeats, on September 8, Puntored, a fintech company for cross-border transactions on the chain, announced that it had completed a $2 million financing, and the Stellar Development Foundation participated in the investment through its Stellar Enterprise Fund.
Puntored will use the new funding to expand its technological capabilities and enable reliable 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.
