SoftBank Leads $60M Funding Round for B2B Payments Platform Tribal

SoftBank Leads M Funding Round for B2B Payments Platform Tribal
Tribal Credit, a business-to-business payments and financing platform for emerging markets, has raised $60 million in a Series B funding round led by SoftBank Latin America Fund, with participation from Coinbase Ventures. The round brings total funding for Tribal up to $140 million.Japanese conglomerate SoftBank launched the $5 billion SoftBank Latin America Fund in 2019. A $3 billion Latin America Fund II followed last September.Other participants in the round included BECO Capital, QED Investors and Rising Tide. In addition to the funding round, secondary shares were offered to Circle Ventures, AGE Fund, Third Prime, Canas Capital and Acuity Ventures.San Francisco-based…