What is Nocnoc?
Founded in 2018, Nocnoc has established itself as the largest cross-border store in Latin America. The company's innovative solution empowers global brands and retailers to efficiently enter multiple Latin American marketplaces without the complexities of establishing individual accounts. By featuring products in Nocnoc's established mega stores, which are trusted by consumers across the region, global sellers can maximize conversion rates. Nocnoc handles the entire logistics chain, from receiving packages at its warehouse to managing international shipments, customs, taxes, and customer support, thereby simplifying cross-border e-commerce for its partners.
How much funding has Nocnoc raised?
Nocnoc has raised a total of $21M across 2 funding rounds:
Angel/Seed
$7M
Series A
$14M
Angel/Seed (2022): $7M with participation from Olist, Caravela, Quona Capital, and Mouro Capital
Series A (2023): $14M led by Mouro Capital, Quona Capital, and PayPal
Key Investors in Nocnoc
Olist
Olist is an ecosystem focused on streamlining business management for Brazilian entrepreneurs, offering ERP, digital accounts, and e-commerce solutions to enhance sales efficiency and financial management for online and marketplace sellers.
Quona Capital
Quona Capital is a venture firm concentrating on fintech for inclusion in emerging markets, supporting companies that provide outstanding financial returns and promote innovation in financial inclusion across Latin America and other regions.
PayPal
PayPal is a global fintech company providing an online payment system that facilitates electronic transactions, enabling individuals and businesses to send, receive, and hold funds internationally through its digital wallet.
What's next for Nocnoc?
The recent major strategic investment in Nocnoc signals a pivotal moment for the company, likely enabling it to further enhance its technological infrastructure, expand its market reach within Latin America, and potentially onboard more global brands. This Series A financing, following earlier seed capital, suggests a strategic focus on scaling operations and solidifying its market leadership. The backing from established investors in fintech and e-commerce ecosystems indicates confidence in Nocnoc's business model and its potential to revolutionize cross-border trade in the region.
See full Nocnoc company page
