Bold provides a suite of payment processing tools, including card readers and payment links, that enable businesses in Colombia to accept card and digital wallet payments efficiently. By facilitating real-time sales tracking and offering pre-approved credit based on sales performance, Bold helps businesses increase revenue and manage cash flow effectively.
Funding
$105M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
GAFounders
Product
Problem
Many businesses in Colombia face challenges in efficiently accepting card and digital wallet payments due to limited access to affordable and reliable payment processing solutions. This can hinder sales, complicate financial management, and restrict access to credit opportunities based on sales performance.
Solution
Bold offers a suite of payment processing tools designed to enable businesses in Colombia to accept a wide range of payment methods, including cards and digital wallets. The product lineup includes a variety of point-of-sale (POS) devices, such as the Neo, Plus, Smart, and Smart Pro, each tailored to different business needs, as well as online payment solutions like payment links and payment buttons. These tools facilitate real-time sales tracking through a dedicated app and portal, and provide access to pre-approved credit lines based on sales performance, helping businesses manage cash flow and increase revenue.
Target Audience
The primary target audience includes small and medium-sized businesses (SMBs) in Colombia seeking efficient and accessible payment processing solutions to facilitate sales and manage finances.
Features
- **Multiple Dataphone Options:** Offers a range of dataphones (Neo, Plus, Smart, Smart Pro) with varying features like Bluetooth, SIM card connectivity, Wi-Fi, and built-in printers.
- **Payment Link Generation:** Enables businesses to create and share payment links via social media and messaging apps like WhatsApp.
- **Online Payment Buttons:** Allows integration of payment buttons on websites for online sales.
- **Real-Time Sales Tracking:** Provides a mobile app and web portal for monitoring sales transactions in real time.
- **Pre-approved Credit Lines:** Offers access to pre-approved credit based on sales performance through Bold.
- **Accepts Multiple Payment Methods:** Processes payments from major credit cards and popular digital wallets in Colombia.