Tribal Credit Raises $34.3 Million To Fuel Mexican Growth And Support Smes In Emerging Markets

Apr 21, 2021•over 4 years ago

Amount Raised

$34.3 Million

San Francisco

Description

Tribal Credit, a payment fintech specially designed for small and medium-sized businesses in emerging markets, announced today closing a combined Series A and debt round of $34.3 million.

Company Information

Company

Tribal Credit

Location

San Francisco, California, United States

About

Tribal Credit is a fintech company built for emerging-market SMEs looking for a better way to pay business expenses and optimize their financial management. The San Francisco-based startup provides modern payment methods like multi-currency physical and virtual business Visa cards and a powerful spend management platform to track and control expenses—all in one seamless interface. Founded by serial entrepreneurs, data scientists and fintech execs, Tribal Credit is on a mission to power SMEs' growth in emerging markets to bridge the business financial inclusion gap in payments and financing. Tribal Credit is backed by QED Investors, Partners for Growth, BECO Capital, Global Ventures, SDF, Endure Capital, 500 Startups, Endeavor Catalyst and OTG Ventures. The company is also part of the Visa Fintech Fast Track program among an elite group of fintechs.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Tribal Credit Raises $34.3 Million To Fuel Mexican Growth And Support Smes In Emerging Markets

Description

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Funding Insights

Company Information