Bold secures COP 37.45 billion loan from BBVA Spark to expand credit to MSMEs
Cuatrecasas advised Colombian fintech Bold on a COP 37.45 billion bilateral loan granted by BBVA Spark, aimed at expanding its lending capacity for micro, small and medium-sized companies in Colombia. After six years of operations, Bold has onboarded more than 700,000 merchants to its platform and its card payment processing is equivalent to about COP 20 trillion in annual transactions.
In 35 seconds
- Cuatrecasas advised Bold on a COP 37.45 billion bilateral loan granted by BBVA Spark.
- The funds will be used to expand lending to micro, small and medium-sized companies in Colombia.
- Bold has more than 700,000 merchants on its platform and card payment processing of about COP 20 trillion a year.
IASummary generated by artificial intelligence from a story by Cuatrecasas. It may contain errors: the original source prevails.




Comments
Be respectful. Comments reported by several people are hidden until a moderator reviews them.
You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.