As stated by the IFC, the project consists of an equity investment for a minority stake in Bold Ventures SL, an independent offline payment acquirer in Colombia that enables offline merchants to accept card and digital payments. IFC is proposing up to US$10 million in preferred equity financing to support the Company’s operations and continued expansion.
The IFC categorized the project as FI-2.
As stated by the IFC, Bold Ventures SL is a privately owned company incorporated in Spain, with operations in Colombia. Current major shareholders include Joseph Schumpeter Investment Fund, Piton Capital, Rocket Internet, General Atlantic, Tiger Global, and InQlab.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|General Atlantic LP||Investor||Finance||invests in||Bold Ventures SL||Client||Finance|
|InQlab Partners Capital||Investor||Finance||invests in||Bold Ventures SL||Client||Finance|
|Piton Capital LLP||Investor||Finance||invests in||Bold Ventures SL||Client||Finance|
|Rocket Internet Growth Opportunities Corp||Investor||Finance||invests in||Bold Ventures SL||Client||Finance|
General IFC Inquiries - IFC Communications:
Address: 2121 Pennsylvania Avenue, NW, Washington DC 20433
Telephone: +1 202-473-3800
Fax: +1 202-974-4384
Client - Bold Ventures SL:
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries
If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.
ACCOUNTABILITY MECHANISM OF IFC/MIGA
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org