Puntored, a fintech company that enables cross-border transactions on the blockchain, announced that it has completed a $2 million financing round. The Stellar Development Foundation participated in the investment through its Stellar Enterprise Fund. Puntored will use this new capital to expand its technical capabilities and enable cross-border transactions in Latin America through the Stellar blockchain network. It will mainly explore digital wallets, enterprise embedded payment services and small and medium-sized enterprise credit to provide financial transaction services to users in rural, metropolitan and remote areas in Mexico, Colombia and Puerto Rico.