The account features instant sales revenue receipt, free transfers between Bold accounts, and compatibility with national bank transfers and Mastercard ATMs.
- A waiting list for early access to the product is now open, with Bold aiming for over 10,000 sign-ups by end-May.
In the coming months, fintech company Bold is set to release its new Bold Account linked to a business Mastercard, enhancing financial management tools for businesses regardless of their size.
This 100% digital and free offering will enable businesses to instantly receive money from sales and efficiently handle their finances. The service is aimed at small and medium-sized enterprises (SMEs) in Colombia, where access to tailored financial products often remains out of reach.
José Vélez, CEO and founder of Bold, emphasized the product’s inclusivity, stating that it is designed for every entrepreneur, whether they own a formally established company or not. The account and associated debit card provide a centralized financial control hub, simplifying management for business owners. The benefits of the Bold Account include free transfers within the Bold system, withdrawals at any Mastercard-branded ATM, and additional services like Efecty withdrawals and PSE account top-ups.
Entrepreneurs interested in this new offering can join a waiting list via Bold’s updated iOS and Android apps, with the fintech firm targeting over 10,000 sign-ups by the end of May.
This launch is part of Bold’s commitment to providing accessible, efficient financial services to the underserved SME sector in Colombia.