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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 $14 million in Series A funding.
PayPal Ventures led the round and was joined by Mouro Capital, Quona Capital, Caravela Capital, Broadhaven and Ignia. This gives the company $22 million in total venture-backed funding to date.
Ilan Bajarlia, Joaquin Colella and Diego Szilagyi started nocnoc in 2018 to enable businesses to sell in Latin America through 16 marketplaces with a potential reach of nearly 500 million consumers, CEO Bajarlia told TechCrunch. The company is headquartered in Ur

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