COMPANY PROFILE

Bold

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Provides payment processing solutions to small and medium-sized businesses

Bogotá, ColombiaFounded 2019Fintech

Valuation $100–250M Last recorded · 2024

Revenue $10–50M Latest reported FY

Headcount 1–2k Current team size

Total funding $100–500M Disclosed equity funding

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About Bold

Bold.co is a financial technology startup based in Colombia that provides businesses with a comprehensive payment solution. The company offers a payment link service, allowing businesses to sell their products or services anywhere in the world. This is particularly beneficial for businesses that operate in the e-commerce space or those that have a global customer base.

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Bold.co also offers a dataphone service, which is essentially a device that allows businesses to accept card payments. This is a crucial tool for businesses, particularly those with physical stores, as it enables them to accept a wider range of payment methods, thus increasing their potential customer base.

The company operates on a fee-based model, charging a percentage fee and a fixed amount per transaction. The fees vary depending on the monthly sales volume of the business, with lower rates for higher sales volumes. This incentivizes businesses to increase their sales, as higher sales volumes result in lower transaction fees.

Bold.co serves a wide range of clients, from small businesses to larger enterprises, and operates in the financial services market. The company's main source of revenue is the transaction fees it charges its clients.

In conclusion, Bold.co provides a comprehensive payment solution for businesses, enabling them to accept a wide range of payment methods and sell their products or services globally.

Source: Dealroom company data