According to Odaily, fintech company Puntored has successfully secured $2 million in funding from the Stellar Development Foundation's Stellar Enterprise Fund. The investment will be used to advance Puntored's technology and improve cross-border transactions throughout Latin America using the Stellar blockchain network. The company plans to develop digital wallets, embedded payment solutions for businesses, and credit services for small and medium-sized enterprises (SMEs). These services are intended to reach users in rural, metropolitan, and remote areas of Mexico, Colombia, and Puerto Rico.
**Puntored Secures $2 Million Funding to Boost Cross-Border Transactions Across Latin America**
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