Bolttech Raises $150 Million in Series E Funding
Bolttech, a leading provider of fintech solutions, has announced that it has raised $150 million in a Series E funding round, led by Dragon Fund, managed by Liquidity and MUFG.
About Bolttech
Bolttech is a Brazilian company that specializes in the development of fintech solutions, with a focus on digital banking, payment processing, and point-of-sale solutions. The company has gained popularity in the region due to its innovative approach to financial technology and its ability to provide secure and efficient payment solutions to its clients.
The $150 million Series E funding round values Bolttech at US$2.1 billion, making it one of the most valuable fintech companies in the region. The funding will be used to further expand the company’s operations, enhance its product offerings, and increase its presence in the global market.
The funding round saw participation from several key investors, including Dragon Fund, managed by Liquidity, and MUFG. These investors have a strong track record of investing in innovative fintech companies and have played a significant role in the growth and success of Bolttech.
Bolttech plans to use the funding to accelerate its global expansion, increase its product offerings, and enhance its technology infrastructure. The company is also looking to expand its team, with a focus on hiring top talent in the fintech industry.
The Series E funding round is a significant milestone for Bolttech, demonstrating the company’s ability to attract major investors and its potential for long-term growth. With this funding, Bolttech is well-positioned to continue its rapid expansion and solidify its position as a leading fintech player in the region.
Q: What is Bolttech?
A: Bolttech is a Brazilian company that specializes in the development of fintech solutions, with a focus on digital banking, payment processing, and point-of-sale solutions.
Q: Who led the Series E funding round?
A: The Series E funding round was led by Dragon Fund, managed by Liquidity and MUFG.
Q: How much did Bolttech raise in the Series E funding round?
A: Bolttech raised $150 million in the Series E funding round.
Q: What is the valuation of Bolttech after the Series E funding round?
A: Bolttech is valued at US$2.1 billion after the Series E funding round.
Q: What does Bolttech plan to do with the funding?
A: Bolttech plans to use the funding to accelerate its global expansion, increase its product offerings, and enhance its technology infrastructure.
