Bold, a financial technology company enabling financial access to electronic payments in Colombia, has secured USD55 million in a Series B investment led by Tiger Global Management, with participation from General Atlantic, a global growth equity firm, and Endeavor Catalyst.
Bold, a financial technology company enabling financial access to electronic payments in Colombia, has secured USD55 million in a Series B investment led by Tiger Global Management, with participation from General Atlantic, a global growth equity firm, and Endeavor Catalyst.
Existing investors Piton Capital, GFC, InQLab, Kingsway Capital, Solid Ventures, Grupo Auteco, Amador and Condor Inverlink also participated in the round.
Bold plans to leverage the new funds to expand its product and service offering into adjacent financial services for merchants, including working capital financing, lending, deposit accounts, debit and credit cards, as well as to accelerate geographic expansion and hire new talent.
