-100%

est. 2Y upside i

FinTechSeries A

Marco is a tech-enabled, trade finance platform that provides reliable access to working capital for Latin American SMEs. It promotes paperless processes and dedicated support from industry experts to create a seamless financing solution.

Rank

#3819

Sector

Fintech, Trade Finance

Est. Liquidity

~5Y

Data Quality

Data: Low

The equity in Marco appears to have no value for common shareholders given the $326M liquidation preference against a $16.4M current valuation.

Last updated: July 19, 2026

Bull (15%)-100%

Even with an IPO and 5x revenue multiple on $9M projected revenue, exit value of $45M is far below the $326M liquidation preference, resulting in zero recovery for common stock.

Base (45%)-100%

At 3x multiple on $9M revenue, exit value of $27M is insufficient to cover preferred holders, common stock worthless.

Bear (40%)-100%

Multiple compression to 2x yields $18M exit, still far below preference; common equity is extinguished.

Est. time to liquidity~5.0 years

Preference Stack Risk

severe

Funding Intensity

200000%

Total preferred liquidation preference of $326M exceeds current equity value of $16.4M by nearly 20x, leaving common stock with zero residual.

Dilution Risk

moderate

With a large funding base and low revenue, additional dilutive rounds are likely within 24 months, but dilution is immaterial given preference overhang.

Secondary Liquidity

none

No secondary market activity reported.

Questions to Ask at the Interview

Strategic questions based on Marco's data — designed to show you've done your homework.

  • 1

    “How does Marco’s underwriting model generate superior risk-adjusted returns in trade finance?”

  • 2

    “What is the company's plan to achieve unit profitability given the large funding base?”

  • 3

    “How does the current analyst valuation align with the company's internal expectations and recent performance?”

Community

Valuation Sentiment

Our model estimates -100% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.