PayPal
PayPal is a leading digital payments company that enables consumers and merchants to make and receive online payments, transfer funds, and manage payments across a global platform. It operates consumer and merchant accounts and the peer-to-peer service Venmo, supporting hundreds of millions of active accounts in more than 200 markets. Since spinning off from eBay in 2015, PayPal has focused on expanding online transaction capabilities and financial services through a multi-channel network and partnerships with online retailers and platforms. The company pursues growth through technology-driven payments solutions that aim to be convenient, affordable, and secure. PayPal Ventures, its corporate venture capital arm, invests in fintech, payments, and related technologies to accelerate innovation and broaden the ecosystem. Overall, PayPal positions itself as a global enabler of electronic payments and digital commerce, serving a diverse base of consumers and merchants.
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Past deals in Uruguay
Nocnoc
Series A in 2023
Nocnoc is a cross-border e-commerce platform that connects global sellers with Latin American marketplaces and serves merchants and final customers. The company provides integrated logistics, marketing services, and technology to help international brands reach Latin American consumers through a single platform. It supports Latin American marketplaces entering cross-border commerce and enables sellers to increase volumes by delivering a domestic-feeling shopping experience, regardless of product origin. Nocnoc combines its software with a team of local experts to analyze supply and market demand, optimize pricing and conversions, and streamline listings across multiple marketplaces, reaching millions of consumers each month. Founded in 2017, Nocnoc is based in Montevideo, Uruguay.
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