Korean Fintech Firm Bolta Corporation Secures Pre-Series A Funding Led by Strong Ventures
Korean B2B fintech startup Bolta Corporation has successfully secured investment in its pre-seriesA funding round. Strong Ventures led the round, with additional participation from company builder Companoid Labs and angel investor Han Ki-yong.
Bolta Corporation provides ‘Bolta’, a service that streamlines the issuance and management of electronic tax invoices. Over 400 clients, including accounting firms, SMEs, startups, and individual entrepreneurs, use Bolta to reduce unnecessary time wastage and enhance operational efficiency.
The pre-seriesA funding will enable Bolta Corporation to intensify its foray into the B2B fintech market. Leveraging its successful electronic tax invoice issuance and management service, the company plans to offer a range of financial technology services meeting corporate demands, thus bolstering its market competitiveness.
Furthermore, Bolta Corporation intends to recruit new talent to strengthen its organizational capabilities and enhance the quality of its products and services. It also aims to implement more robust security systems to improve data protection and provide more reliable services to its customers.
Jinho Bang, Director of Strong Ventures, who led the investment, commented, “Bolta Corporation is a team that has rapidly achieved success in the market by providing high convenience in the electronic tax invoice issuance and management sector. Given that Bolta’s product efficiently predicts and manages cash flows in B2B transactions, it is poised to significantly contribute to enhancing corporate productivity and shows high growth potential.”
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