BBVA Spark grants COP37.45 billion structured loan to Colombian fintech Bold
BBVA Spark, BBVA's arm offering debt solutions and financial services to startups, scaleups and venture capital funds, granted 37.45 billion Colombian pesos (about 11.9 million dollars) to Bold, a fintech that manages loans for micro, small and medium-sized companies. The deal, announced on October 23, consisted of a secured senior loan that expands Bold's financing capacity and facilitates its access to working capital. Cuatrecasas - Bogotá advised Bold and Philippi Prietocarrizosa Ferrero Du & Uría advised BBVA Spark.
In 35 seconds
- BBVA Spark granted COP37.45 billion (about 11.9 million dollars) to Colombian fintech Bold.
- The financing is a secured senior loan that expands Bold's financing capacity and its access to working capital.
- Cuatrecasas - Bogotá advised Bold; Philippi Prietocarrizosa Ferrero Du & Uría advised BBVA Spark.
IASummary generated by artificial intelligence from a story by LexLatin. It may contain errors: the original source prevails.




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