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OCN Raises $86M in Funding

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OCN

OCN, a Mexico City, Mexico-based fintech company, raised $86M in funding.

The round was led by Caravela Capital, Collide Capital, and Great North Ventures. Other investor included from US-based investment firm, i80 Group. 

The company intends to use the funds to expand operations and its development efforts.

Led by CEO Mairon Sandoval, OCN is a fintech company dedicated to providing access to financial services to over 4 million gig economy entrepreneurs in the Americas serving major ride-hailing and delivery platforms such as Uber, DiDi, and Lyft. Leveraging its financial technology platform, OCN underwrites customers often excluded from or overlooked by the formal financial system in Latin America and the US.

FinSMEs

16/07/2024

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