SAO PAULO, Brazil, June 09, 2023 (GLOBE NEWSWIRE) — 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.With offices in Brazil, Mexico, Argentina, Colombia, China, Spain, and headquarters in Uruguay, nocnoc has developed a leading eCommerce solution that facilitates quick and secure expansion into Latin America’s eCommerce market. nocnoc has successfully introduced over 180,000 exclusive products from more than 1,200 international sellers. For more information, please visit: https://nocnocstore.com/
(GlobeNewsWire)