Aluna Partners arranges an up to $8 million corporate debt facility with subsidiaries of an e-commerce aggregator, with an initial disbursement of $500K.
About the transaction:
Aluna Partners arranges an up to $8 million corporate debt facility with subsidiaries of an e-commerce aggregator, with an initial disbursement of $500K.
As of today, Punta Ranco has received financing of $500,000.
The e-commerce industry in Latin America is expected to reach significant growth and has a positive outlook, with an expected size of +130 billion USD in 2025. This rapid increase in e-commerce adoption is driven by factors such as increasing internet penetration, smartphone usage, and a growing middle class with disposable income.
On this last point, the total disposable income in Latin America is set to rise by nearly 60% in real terms over 2021-2040, due to narrowing regional disparities, technological advancement, and a transition towards higher value-added sectors.
About the company:
The borrower is an e-commerce aggregator with the purpose of revolutionising e-commerce by acquiring or partnering with e-commerce sellers in Latin America to help them scale and expand their brands.
By providing operational efficiencies, product development support, and capital efficiency, the borrower focuses on ensuring that the end customer gets, not only better products but also competitive prices.
The transaction further highlights Aluna Partners’ unique and growing expertise in the e-commerce industry and our ongoing effort to support high-growth technology companies creating positive impact in Latin America.
