Marco Provides $400K Factoring Facility to Mobile OptiX

Mobile OptiX, a U.S.-based company that provides healthcare social assistance through qualified optical professionals, completed a $400,000 factoring facility with Marco.

June 1, 2023 Barry Kastner | Marco | Mobile OptiX | Rob Cash Ian Koplin

MidCap Financial and Castlelake Provide $200MM Credit Facility to Marco

Marco, a tech-enabled trade financing platform built for small and medium-sized businesses in Latin America and the United States, received a $200 million credit facility from middle-market lender MidCap Financial and global asset-based private credit specialist Castlelake.

February 28, 2023 Arcadia Funds | Castlelake | Jacob Shoihet | Marco | MidCap Financial | Nik Bougalis | Peter D. Spradling Ian Koplin

Marco Provides $2MM Factoring Facility for Next In Natural

Next In Natural, a Brooklyn, NY-based boutique strategic business development and marketing organization specializing in natural and organic consumer packaged foods, completed a $2 million factoring facility with Marco.

June 30, 2022 Barry Kastner | Fred Leder | Jeff Lichtenstein | Marco | Next In Natural Rita Garwood

Marco Financial Partners with DP World

Marco Financial became an approved lender for CARGOES Finance by DP World, a financial technology platform that enables access to working capital for small and medium-sized enterprises in emerging markets.

January 24, 2022 DP World | Jacob Shoihet | Marco | Sinan Ozcan Ian Koplin

Marco Adds Two News Clients to SME Roster in Mexico & Ecuador

Fintech startup, Marco, acquired new clients in Mexico and Ecuador, adding to its roster of Latin American SME clients. An Ecuadorian fruit exporter and a Mexican logistics company have partnered with Marco in order to expand their international trade finance facilities.

September 7, 2021 John Spradling | Marco | Peter D. Spradling Ian Koplin

Marco Financial Closes $82MM in Seed Funding, Receives Increase to Credit Line

Marco Financial raised $82 million in seed funding. Led by Kayyak Ventures, the company has increased its credit line provided by Arcadia Funds to $100 million.

July 14, 2021 342 Capital | Antler | Antler Elevate | Arcadia Funds | Cristóbal Silva | Flexport Ventures | Florida Funders | Fox Ventures | Kayyak Ventures | Marco | Naman Budhdeo | Peter D. Spradling | Phil Bentley | Struck Capital | Tresalia Capital | Village Global Ian Koplin