Nocnoc opens door to quicker setup of cross-border e-commerce in Latin America
Nocnoc, which facilitates cross-border e-commerce between Latin American merchants and global sellers, raised US$14 million in Series A funding.
The company is headquartered in Uruguay with offices in Brazil, Mexico, Argentina, Colombia, China and Spain. Latin America’s cross-border sales grew 44% in 2022. The market is valued at $382 billion and expected to grow annually at a rate of 25% through 2025, according to Americas Market Intelligence.