26 February 2024

Simetrik secures $55mn in Series B to bolster platform globally

Written By FinTech Alliance in Investment

Simetrik secures $55mn in Series B to bolster platform globally

Simetrik is a financial automation platform based in Colombia.

 

In brief:

- According to PYMNTS, this significant investment was led by the esteemed Growth Equity team at Goldman Sachs Asset Management, with additional contributions from existing stakeholders FinTech Collective and Cometa.

- This financial injection marks a pivotal moment for Simetrik, underlining the growing confidence in its innovative solutions and future potential.

- With a robust presence in over 35 countries and monitoring more than 200 million records daily, Simetrik is not resting on its laurels. The company has ambitious plans to use the Series B funding to “expand its international reach, targeting major payment companies and consumer marketplaces worldwide.”

 

What does this mean?

Santiago Gómez, Simetrik’s co-founder and chief operating officer, elaborated on their plans, stating that the investment will enable the company to deliver even more sophisticated financial automation solutions to their clientele. This development promises to strengthen Simetrik’s position as a leader in the B2B FinTech space, offering unparalleled efficiency and innovation.

 

Read more here.

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