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

Payment Processor Silverflow Secures $40M Funding Boost

New investment aims to enhance payment solutions and expand market reach. Highlights: Silverflow raises $40M to improve payment processing...

Latin American Neobank Ual Raises $195 Million at $3.2 Billion Valuation

Funding aims to expand services and accelerate growth in the region. Highlights: Ual raises $195 million in a funding...

Vivox AI Secures $13M to Enhance Financial Crime Compliance Efforts

Funding aims to scale atomic agents for better regulatory adherence. Highlights: Vivox AI has raised $13 million to boost...

Swedish Central Bank Urges Public to Horder Cash Amid Payments Disruption

Sweden's Riksbank emphasizes the importance of cash as a backup. Highlights: Swedish Central Bank warns about potential payment system...