Predict your next investment

FINANCIAL | Payments (non-internet/mobile)
gobold.com

See what CB Insights has to offer

Founded Year

2014

Stage

Acquired | Acquired

Total Raised

$2.17M

About Bold Financial Technologies

Bold Financial Technologies, formerly Yoyo Card, is dedicated to make the financial system more accessible. The company offers a secure and convenient solution for instant, frictionless transacting, all at no additional cost to the customer.In November 2016, Bold Financial Technologies was acquired by Airbnb. Terms of the transaction were not disclosed.

Bold Financial Technologies Headquarter Location

182 Howard Street #207

San Francisco, California, 94105,

United States

415-233-9208

Latest Bold Financial Technologies News

Airbnb quietly acquired payments startup Bold Financial Technologies in 2016

Feb 1, 2020

In November 2016, continuing its under-the-radar buying spree, Airbnb acquired Bold Financial Technologies, a startup that aimed to make international payments safer and more convenient, an Airbnb spokesperson confirmed to Business Insider. Bold, started in 2014 by Sean Safahi and Noah Spirakus, targeted clients like Airbnb, Uber, Lyft, and eBay that facilitate payments to lots of recipients, Safahi told the Phoenix Business Journal . Airbnb, whose platform had just surpassed two million listings earlier in 2016, had a growing need for managing payments to hosts across the globe. Airbnb did not disclose how much it paid for the company or what the terms were, though Safahi now works on "payments partnerships" at Airbnb, according to his LinkedIn profile. The domain for Bold's website now showcases a company called Velo Payments, which says it's "making the payouts process accurate, reliable and easy." Business Insider could not confirm whether there is any connection between the companies. Axel Springer, Insider Inc.'s parent company, is an investor in AirBnB. NOW WATCH:

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.