Bold Financial Technologies closed its equity security offering after increasing its fundraising cap

Change: offered +13% / raised +126% / placed 100%

XDATA – September 5th 2014

bold financial Bold Financial Technologies closed its unregistered equity offering after increasing the placement’s size by 13% to $2.17 million. The offer closed after the company raised $1.21 million from two additional investors within a little over six months. At closing, a total of ten investors had subscribed to Bold Financial Technologies‘ offering. This was the first offering under regulation D filed by Bold Financial Technologies.
The company rebranded. It raised money under the Yoyocard name in January.

Bold Financial Technologies develops a secure and convenient solution for instant, frictionless transacting in digital currency.

Sean Safahi (President) leads the San Francisco CA based company which was registered in 2012. Bold Financial Technologies elected to keep its revenues undisclosed.
The board of directors includes Alan Safahi, Christopher Gottschalk and Joyce Kim.

Offering recap
Status: Completed
Company: Bold Financial Technologies
Industry: Other Technology
Amount offered: $2.17 million
Amount placed: $2.17 million
First sale: 01-14-2014
Data as of: 09-05-2014

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