Fintech Marco Targets $350 Billion Gap in Latin America Trade Finance

Marco Financial, a startup providing loans and other services to exporters in Latin America, received a $200 million credit facility that it will use to grow its trade-finance business. The Miami-based financial-technology platform said MidCap Financial Investment Corp. and CastleLake LP are providing the credit, while Arcadia Funds LLC led an $8 million equity injection