B2B marketplace ZAX targets Latin America’s wholesale sector with $6M in fresh capital
https://techcrunch.com/2021/10/05/b2b-marketplace-zax-targets-latin-americas-wholesale-sector-with-6m-in-fresh-capital/
Keeping a small sales business afloat in Latin America can involve long bus trips to find new products, lack of working capital and payment difficulties. These inefficiencies then trickle up to wholesalers who then have to raise costs and deadlines for deliveries.
This caught the attention of second-time entrepreneurs Bruno Ballardie and Fernando Zanatta, who started ZAX in 2019 to develop a platform that unites freight, delivery and payments tools to connect sellers and buyers in Brazil.