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Bolt is a financial technology company specializing in developing mobile payments software.It was founded in 2014 and is located in San Francisco, California. The company launched its first version of the software developed by a team of ten people in 2016 and has grown and continued development. As of 2022, the company has raised more than $1,000,000,000 in funding and employs over 1,000 people.
The Bolt platform has different segments to aid its clients with their needs. There are features specifically for businesses, creators, shoppers, and developers. The company has partnerships with e-commerce and payments platforms to ensure quality integration for the client.
Bolt has e-commerce checkout technology for both small businesses and enterprises. It has developed software known as CheckoutOS, which allows businesses to oversee their checkouts, accounts, payments, and post-purchase infrastructure. Businesses that use Bolt software become a part of its network so customers can shop more easily with businesses within the network and not have to keep entering personal and financial information when buying goods from a new store.
The platform can be used by publishers, retailers, and content creators to grow their businesses. Bolt acquired the technology company Tipser in 2021, giving it access to software that allows consumers to purchase goods at the point of discovery from digital content.
Shoppers can use Bolt by setting up an account to track orders and manage payment and shipping information. With their Bolt account, consumers can buy items from other businesses within the Bolt network without having to reenter any information. Companies in the Bolt network include Forever 21, Larson, and Spiceology.
