Airbnb quietly acquired payments startup Bold Financial Technologies in 2016

Airbnb bought payments startup Bold Financial Technologies in November 2016 in a previously unreported deal, a spokesperson confirmed to Business Insider.Bold aimed to make international payments easier and more secure for large marketplaces like Airbnb and Uber.Airbnb did not disclose the price or terms of the deal, or what happened to Bold's team or product.Airbnb has acquired more than two dozen startups in its journey toward becoming a public company, which it said it plans to do in 2020.Visit Business Insider's homepage for more stories. 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

from Business Insider India https://ift.tt/2Ugd4oE