Fintech
Latin American Startups: Mexico’s OCN Raises $86M in Series A
Mexican fintech OCN, which offers car rental models for self-employed workers in Mexico and the United States, has raised $86 million in stocks and bonds to fund its local growth and international expansion.
The Series A round for the company formerly known as OneCarNow was led by Caravela Capital, Collide Capital, and Brazil’s Great North Ventures for the equity portion of the round. New York-based i80 Group led the debt portion of the round.