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Marco

Fintech intermediary enabling deferred business payments

Overview

MarcoFi provides deferred payment options to businesses by acting as a financial intermediary. It enables merchants to offer their customers the ability to delay payment for goods or services, which helps boost sales and improve cash flow. The product works by connecting businesses with MarcoFi, who advances funds to the merchant and manages the credit risk; after a sale, MarcoFi funds the merchant quickly (wire funds in about 24 hours) and then collects payment from the customer later, charging a fee for the service. The company differentiates itself through a fast and simple processing flow, quick responses, close follow-ups, and strong customer service, with claims of rapid access to capital and a proven track record (e.g., expanding lines of credit for clients within months). MarcoFi’s goal is to support business growth by providing flexible payment terms and reliable capital release to improve cash flow and increase sales.

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About Marco

Simplify's Rating
Why Marco is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

FintechFinancial Services

Company Size

51-200

Company Stage

Series A

Total Funding

$343.4M

Headquarters

Miami, FL

Founded

2019

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Simplify's take

What believers are saying

  • CB Insights updated November 6, 2026 still tags Marco alive and active.
  • August 8, 2026 coverage highlighted growing demand from exporters facing peso strength.
  • Marco has raised $338.65M total, giving room to expand underwriting and receivables finance.

What critics are saying

  • CB Insights lists last funding in 2024, signaling stalled primary fundraising.
  • Marco depends on importer payment cycles; 2026 delays in U.S. dollar settlements strain liquidity.
  • A sustained trade slowdown or credit loss breaks Marco's invoice-advance model by 2027.

What makes Marco unique

  • Marco bundles multicurrency accounts, FX, and working capital for cross-border trade.
  • Marco advances up to 90% of approved invoices for LATAM exporters.
  • Marco targets exporters hurt by 30-90 day payment gaps.

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Funding

Total Funding

$343.4M

Above

Industry Average

Funded Over

9 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$8.2M
$12M
$15M
$30M

Benefits

  • Remote Work Options

Company News

GTR Ventures
Mar 19th, 2024
Marco closes series A funding round, targets LatAm

Miami-headquartered fintech Marco has secured US$12mn in series A funding as it looks to narrow the trade finance gap for SMEs in Latin America. The round was led by IDC Ventures, the venture capital arm of Guatemala-based multifund platform IDC Network, and oversubscribed by US$2mn. Other investors were Arcadia Funds, Barn Invest, Florida Funders, IDB ...

FinSMEs
Mar 19th, 2024
Marco Secures $12M in Series A Funding

Marco, a Miami, FL-based provider of a trade finance platform, raised $12M in Series A funding

GTR Ventures
Mar 19th, 2024
Marco closes series A funding round, targets LatAm

In 2021, Marco raised US$7mn in seed funding and a credit facility of US$75mn in a round led by Arcadia Funds and Kayyak Ventures.

ExploreBit
Mar 19th, 2024
Marco Secures USD 12M Series A Funding

Marco secures USD 12M Series A funding.

AgFunder
Jul 5th, 2023
Data Snapshot: Ag Marketplaces & Fintech Critical To Supporting Smallholder Farmers In Latin America

Data Snapshot is a regular AgFunderNews feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder.Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new research reports.Agribusiness Marketplaces & Fintech was the most-funded upstream category in Latin America in 2022, according to AgFunder‘s inaugural Latin America AgriFoodTech Investment report produced in partnership with SP Ventures, Alianza Team, BASF and Cibersons. Startups in the category raised $191 million in 2022, 73% more than 2021 ($110 million), albeit over fewer deals.The AgFunder-defined category is the term for online marketplace platforms providing farmers with everything from inputs and equipment to offtake and marketing in addition to credit and financial advice.The idea fueling most startups in the category is to bring more efficiency and transparency to the agrifood supply chain.Ag Marketplaces & Fintech is a strength for the Latin American region, where 14 million smallholder farmers produce 50% of the region’s food supply.Agrolend ‘ready to face any storm’Brazil-based Agrolend had the top deal in 2022 for Ag Marketplaces & Fintech. The startup, which provides working capital loans to small- and medium-sized farmers, raised nearly $100 million in 2022.“We promote the development and growth of GDP in rural areas of Brazil, supporting family agriculture evolution,” the company noted in AgFunder’s report, adding that Agrolend capital “promotes the adoption of higher quality agriculture inputs, such as biological fertilizers and crop protection products.”Agrolend said in the report that lack of financial resources for farmers will get worse as the world shifts to a higher interest rate environment.“We are in a cyclical industry and stormy markets happens from time to time. We work around the clock to build a solid company that’s ready to face any storm when crisis strikes.”Other top deals in 2022Fintech-focused startups made up a huge portion of the Ag Marketplaces & Fintech categories’ top deals. Terra Magna, Marco and Traive provide agricultural loans, flexible financing for exporters and risk assessment, respectively.Seedz is an online marketplace where farmers can purchase inputs in exchange for loyalty points; Grão Direto is a mobile app-based marketplace platform for farm products.Brazil has the most startups in this category, which is no surprise given that it’s home to 4.4 million smallholder farmers that account for 85% of all agriculture in the country. It’s also the world’s fourth-largest food producer, exporting to many countries around the globe including China, where demand for Brazilian exports is surging.In 2022, Brazil had $75 billion of working capital credit lines available to farms, all of which were used

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