SoftBank is leading a $46.6m round for the e-commerce integration platform as it carries on its Latin American spending spree.
Brazil-based e-commerce integration platform Olist is raising R$190m ($46.6m) in a funding round led by telecommunications and internet group SoftBank, Reuters reported on Wednesday.
The round, described by Reuters as the company’s third since it was founded in 2015, also features venture capital firm Redpoint E.ventures and investment firm Valor Capital Group, both of which are participating as existing backers.
Olist’s service enables smaller merchants and brick-and-mortar retailers to sell their goods through larger online marketplaces. The company also offers…
