About Marco
Marco is a Financial Services company based in Miami (United States) founded in 2020. It operates as a trade financing solutions are provided for U.S. businesses by Marco. It operates on a FinTech and Commission-Based model. Marco has raised $128.2 million across 7 funding rounds from investors including Flexport, MidCap Financial and Barn Invest. Marco offers products and services including Factoring, Supply Chain Financing, and Asset Based Lending. Its focus areas include Financials and Trade Finance. Its competitors include LSQ, Kountable, Global Trade, LendTrade and PO Prepay and 1 more; 2 of its 6 listed competitors have raised funding.
Company details
Smart financial solutions are offered by Marco to empower U.S. businesses in trade financing. Services such as factoring, supply chain financing, and asset-based lending are provided to both buyers and sellers. Growth strategies are supported through deferred payment terms and instant payouts. Operations are focused on optimizing cash flow and reducing trade risks across various sectors. Offices are maintained in the USA, Mexico, and Uruguay to serve a global clientele.
- Headquarters Miami, United States
- SectorsFinancial Services
- Website marcofi.com
- Social LinkedIn X Facebook Instagram
- Total Equity Funding$128.2M (USD)
in 7 rounds
- Latest Funding Round$12M (USD), Series A
Feb 2024
- InvestorsFlexport
& 18 more
Products & Services of Marco
Marco offers a comprehensive portfolio of products and services, including Factoring, Supply Chain Financing, and Asset Based Lending.
Invoices are financed for immediate cash flow support.
Financing is provided for supply chain optimization needs.
Loans are offered based on asset collateral value.
Funding Insights of Marco
Marco has successfully raised a total of $128.2M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $128.2M
- Total Rounds 7
- Last Round Series A — $12M
- Investors Count 19
All 7 funding rounds of Marco with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2024 | $12M | Series A | – | Barn Invest, IDC Ventures | |
| Feb 2023 | $8.2M | Seed | – | Arcadia Funds | – |
| Feb 2023 | $200M | Debt – Conventional | – | – | |
| Jul 2021 | $100M | Debt – Conventional | – | – | |
| Jul 2021 | $82M | Seed | – | Kayyak Ventures, Village Global | |
| Sep 2020 | – | Debt – Conventional | – | – | – |
| Sep 2020 | $26M | Seed | – | Struck Capital, Antler | – |
19 investors in total: 18 institutional and 1 angel.
Investors in Marco
Marco has secured backing from 19 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Flexport, MidCap Financial and Barn Invest.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Barn Invest is focused on greentech investments in Latin America. | – | barninvest.com.br | Sao Paulo, Brazil | |
Tech startups are funded by IDC Ventures venture capital firm. | – | idcventures.com | Copenhagen, Denmark | |
Innovation and venture capital arm of Inter-American Development Bank Group is supported. | – | bidlab.org | - | |
Venture capital investments are provided to early-stage tech startups. | – | floridafunders.com | Tampa, United States | |
Loans and credit solutions are provided by Arcadia Funds. | – | arcadiafunds.com | Burlington, United States | |
Investments in early-stage startups are managed by Square One Capital. | – | squareonecap.com | Miami, United States | |
Early-stage technology companies are funded by Miami Angels. | 2013 | miamiangels.vc | Miami, United States | |
Kayyak Ventures is focused on investing in mission-driven entrepreneurs. | – | kayyakventures.com | - | |
- | – | neerventurepartners.com | - | |
Private debt funds are managed across multiple sectors. | 2008 | midcapfinancial.com | Bethesda, United States |
Investor details for Marco
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Marco
32 people are tracked at Marco (11 in leadership, 21 in team).
| Name | Role | Group |
|---|---|---|
Jacob Shoihet | CEO & Co-Founder | Leadership |
Barry Kastner | EVP & Senior Managing Director | Leadership |
Peter D. Spradling | COO & Co-Founder | Leadership |
José Ignacio Algorta | Head Of Growth | Leadership |
Christian D. | Vice President Strategic Partnerships & Investor | Leadership |
Fred Leder | Chief Credit Officer & SVP of Operations | Leadership |
Cole Sichley | Chief Of Staff | Leadership |
German Perez | Head Of Credit Operations | Leadership |
Caleb S. | Director of Engineering | Leadership |
Fiorella Montes de Oca | Head Of Account Management | Leadership |
Islay Fossett | VP Of Strategy & Finance | Leadership |
Arturo Gallardo | Sr. Credit Analyst | Team |
Luis Vargas | Sr.bdo Of Structured Credit & Partnerships | Team |
Cláudio ff | Marketing | Team |
Lucía Irureta-Goyena | Marketing Specialist | Team |
Cristian Bermudez | SRE / DevOps / Cloud Infrastructure Engineer | Team |
Sebastian de Haedo | Software Engineer | Team |
Federico Peselewitz | Senior Credit Analyst | Team |
Laura Diaz | Senior Operations Manager | Team |
Romina Rossi Guarino | Structuring Associate | Team |
12 more people are available in the full profile.
Complete people profiles for Marco
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Marco
3 dated milestones of Marco across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Marco is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $12.0M.
Competitors of Marco
Marco has 6 listed competitors in our database, 2 of them funded. They include LSQ, Kountable, Global Trade, LendTrade and PO Prepay, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lsq.com | 1996 | Orlando, United States | $130M | 130 | Trade financing loans are facilitated via an online marketplace. | |
| kountable.com | 2013 | San Francisco, United States | $26.57M | – | Online trade financing is provided to SMEs in developing countries. | |
| globaltradecorp.com | 2002 | Toronto, Canada | – | – | Multi-bank trade finance platform connects corporations to financial institutions. | |
| lendtrade.com | 2000 | Clive, United States | – | – | Online platform matching buyers and sellers for various loan types and trades. | |
| poprepay.com | 2017 | United States | – | – | Operates a digital marketplace for trade financing solutions. | |
| cimacapitalgroup.com | 2016 | Hallandale Beach, United States | – | – | Provides invoice factoring and financing to help businesses access cash quickly. |
Detailed competitors of Marco
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Marco
The website of Marco (marcofi.com) receives about 5K visits a month.
- Monthly visits5K
Websites whose visitors overlap most with Marco. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cfodive.com | 100% | 680.7K | #474,305 | View details | |
holamarco.co | holamarco.co | 40% | – | – | – |
Top companies in Alternative Lending
10 companies that operate in the same segment as Marco (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 860 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | 4,683 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | 1,487 | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Marco
Complete news archive for Marco
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Marco
Marco was founded in 2020.
Marco is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Marco is a funded company, having raised a total of $128.2M across 7 funding rounds to date.
Smart financial solutions are offered by Marco to empower U.S. businesses in trade financing. Services such as factoring, supply chain financing, and asset-based lending are provided to both buyers and sellers. Growth strategies are supported through deferred payment terms and instant payouts. Operations are focused on optimizing cash flow and reducing trade risks across various sectors. Offices are maintained in the USA, Mexico, and Uruguay to serve a global clientele.
Marco's top competitors include LSQ, Kountable and Global Trade.
Marco offers Factoring, Supply Chain Financing, and Asset Based Lending.
Marco has 19 investors. Key investors include Flexport, MidCap Financial, Barn Invest, IDC Ventures, and IDB Lab.