Airbnb quietly acquired payments startup Bold Financial Technologies in 2016 - Business Insider

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Airbnb quietly acquired payments startup Bold Financial Technologies in 2016

earlier in 2016, had a growing need for managing payments to hosts across the globe.

Airbnb did not disclose how much it paid for the company or what the terms were, though Safahi now works on "payments partnerships" at Airbnb, according to his LinkedIn profile. The domain for now showcases a company called Velo Payments, which says it's "making the payouts process accurate, reliable and easy." Business Insider could not confirm whether there is any connection between the companies.

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