Bolt Surpasses 150 Million Customers, Appoints New CFO

European mobility company Bolt has announced that it has surpassed 150 million customers in over 45 countries and 500 cities.

Bolt’s 150 million customers are spread across its suite of mobility products, which include ride-hailing, micromobility (scooter and e-bike rental), food delivery, grocery delivery, Bolt Drive, a free-floating car-sharing service, and Bolt Business, a corporate mobility service.

The Estonian company also announced that over 3.5 million partners (drivers and couriers) are using the app to earn a living, including over 1 million in Africa alone currently.

The new figures were released by Mikko Salovaara who was also announced as its new Chief Financial Officer (CFO).

“Having great service and attractive prices drive our industry leading growth, and we’re proud to now serve 150 million customers across 45 countries,” Bolt CEO and founder Markus Villig said.

“This extraordinary scale will allow us to reach profitability over the next 12 months. Bringing Mikko’s expertise on board at this crucial time for the business will be invaluable as we continue our focus on long-term and sustainable growth, and begin our preparations for IPO.”