Colombian Fintech Startup Bold Secures $50M in Series C Funding

Colombian fintech startup, Bold, secures $50M Series C funding round led by General Atlantic and other investors. The funding will be used for product development and expansion within Colombia. Bold specializes in low-cost payment terminals and recently obtained a financial institution license to offer businesses a bank account. Managing Director at General Atlantic, Luiz Ribeiro, expresses confidence in Bold’s potential. Established in 2019, Bold serves over 150,000 merchants monthly.