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

JPMorgan Pilots Software to Monitor Junior Bankers’ Working Hours

New initiative aims to enhance oversight of junior employee hours worked. Highlights: JPMorgan tests software to monitor working hours...

Goldman Sachs to Implement Performance-Based Staff Cuts in April

The bank plans restructuring amidst shifting financial landscape. Highlights: Goldman Sachs plans performance-based staff cuts in April.The restructuring aims...

Nasdaq Secures SEC Approval for Trading Tokenized Securities

This marks a significant advancement in digital asset trading. Highlights: Nasdaq gains SEC approval for trading tokenized securities.This approval...

Aveni Launches Agentic AI Council to Enhance AI Ethics

New council aims to guide ethical AI development and deployment strategies. Highlights: Aveni establishes the Agentic AI Council for...