Colombia’s Simetrik secures $55m Series B round led by Goldman Sachs

  • Colombian B2B payments solutions platform Simetrik has successfully completed a $55 million Series B funding round, led by Growth Equity at Goldman Sachs Asset Management.
  • Simetrik, founded in 2019, offers financial operations solutions using generative AI and its no-code development concept, Simetrik Building Blocks (SBBs).
  • The funds raised will be used to enhance SBBs with advanced and secure AI and expand its global presence, targeting significant payment firms and consumer platforms.
  • Simetrik monitors over 200 million records daily and operates in more than 35 countries, including key Asian markets such as India and Singapore.
  • The funding round included participation from Cometa, FinTech Collective, Actyus, Catalyst, Endeavor, Falabella Ventures, Mercado Libre Fund, Moore Strategic Ventures, and the co-founders of Vtex.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

NYSE Faces $9 Million Fine from SEC Over Trading Glitch

Regulatory action follows significant trading errors affecting market operations. Highlights: NYSE fined $9 million by SEC for a trading...

Stablecoin Startup Kast Raises $80 Million to Accelerate Growth

Funding aims to expand operations and enhance offerings in the stablecoin sector. Highlights: Kast raises $80 million inSeries A...

Nasdaq Connects European Trading Venues to Seturion Tokenized Asset Platform

New integration aims to enhance trading efficiency in Europe. Highlights: Nasdaq links European trading venues to Seturion platform.Integration focuses...

Irish Banks Launch P2P Payments Service to Enhance Digital Transactions

New service aims to simplify peer-to-peer money transfers in Ireland. Highlights: Irish banks have introduced a new P2P payments...