Use Cases
Success Case Bold
Bold builds multi-product financial infrastructure
From monthly reconciliations to a daily, multi-entity, multi-product financial control layer
40×
growth in acquiring TPV in 18 months
US$7.8B
controlled in cash in/out flows
320M+
transactions in aggregation and acquiring
About Bold
Bold is one of Colombia’s fastest-growing fintechs, dedicated to building financial infrastructure and payment solutions for businesses and merchants. It operates aggregation, acquiring, cash in/out and credit, processing hundreds of millions of transactions across multiple legal entities, payment methods and collection models.
Bold's Challenge
Bold’s growth simultaneously multiplied transaction volume, payment methods, pricing models, tax rules, intercompany flows and reconciliation complexity across entities, generating operational pressure on multiple fronts.
Late reconciliations
Errors detected weeks later, amplifying financial and operational impact.
Low fee and retention traceability
No capacity to validate line-by-line costs charged by processors, acquirers and networks.
Limited scalability
Each new product required additional development and constant engineering dependency.
Multi-entity complexity
Multi-entity expansion raised the need for integrated financial controls and consistency.
Results achieved
Bold evolved its financial operation toward a daily, centralized and multi-entity model.
Before Simetrik
- Monthly or bimonthly reconciliations
- Control only over gross sales
- Information sources distributed across teams
- New products created IT backlog
After Simetrik
- Daily reconciliations before noon
- Control over net sales: fees, retentions and taxes
- Unified source for Finance and Operations
- FinOps operates without constant technology dependency
How was it solved?
Bold implemented Simetrik as the central financial control and transactional reconciliation layer, centralizing internal and external sources under a single logic. Operations evolved toward a transversal financial infrastructure with six control domains.
How the solution was structured
6 financial control domains were applied over a single reconciliation, traceability and continuous monitoring layer that now sustains Bold’s multi-product and multi-entity operation.
Cash In
Revenues validated and reconciled daily
1-vs-1 reconciliation between aggregators, acquirers, banks and networks across +320M transactions, with early detection.
Cash out
Disbursements and payments with integrity
Control over disbursements, payments and outflows, including credit and cash out, with integrity and daily visibility.
Fees & Billing
Line-by-line fee traceability
Transactional validation of fees, retentions and taxes charged by acquirers and networks, with deviation detection.
Claims & Chargebacks
Discrepancy and claim monitoring
Tracking of uncompensated transactions, surpluses, adjustments and cases associated with financial and operational claims.
Accounting Operations
Financial close aligned with operations
Integrated operation across Bold’s three legal entities with intercompany support and multi-entity accounting reconciliation.
Unified Oversight & Alerts
Transversal visibility in real time
Daily monitoring and early anomaly detection for FinOps, Finance, Operations and Risk, across multiple business lines.
