ICYMI: Tribal Credit raises $60 million in SoftBank-led Series B round
San Francisco-based Tribal has raised $60 million in an oversubscribed Series B funding round led by the SoftBank Latin America Fund, and plans to use the funds to expand in the Latin America region.
The startup has customers in more than 22 countries, but cites Latin America as a key market. In fact, Tribal previously raised $34.3 million last April to focus on its growth in Mexico. "Moving forward with this raise, we're really taking that success that we had in Mexico and just replicating this in other [Latin America] markets," Shady said."What the raise means is that we're going to be providing even more support, even more localized services in these markets, with a focus on Brazil, Colombia, Chile and Peru."
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