Tiger Global led a USD55m Series B for Bold, a Colombian payment platform for micro and SMEs, with participation from General Atlantic and Endeavor Catalyst, and follow-on from Piton Capital, Global Founders Capital, InQLab, Kingsway Capital, Solid Ventures, Grupo Auteco, Amador and Condor Inverlink.
(TechCrunch) – Bold, a technology company working to enable financial access to electronic payments in Colombia, has raised $55 million in a Series B funding round led by Tiger Global Management.
General Atlantic and Endeavor Catalyst joined existing backers Piton Capital, Global Founders Capital, InQLab, Kingsway Capital, Solid Ventures, Grupo Auteco, Amador and Condor Inverlink in participating in the round, which brings Bold’s total raised to $65 million.
Founded in the second quarter of 2019, Bogota-based Bold is a payment services provider, or independent merchant acquirer, focused on serving micro and SMB merchants. The company’s self-proclaimed mission is to promote financial inclusion by expanding the digital payments ecosystem in Colombia.
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