FreteBras receives $17 mm from IDB Invest

FreteBras, the online cargo transportation platform FreteBras announced that it has received an investment of $17 mm from IDB Invest, the division of the Inter-American Development Bank (IDB). FreteBras presents itself as the largest digital cargo transportation platform in Latin America having intermediated 2 million freights in the first semester, 50% more than a year earlier.

Source: Reuters