Fintech Startup Bolt Sees Valuation Surge to $6 Billion (1)

Oct. 12, 2021, 2:37 PM UTC

A startup that’s trying to bring Amazon’s speedy one-click checkout to the rest of the internet saw its valuation jump to $6 billion.

Bolt Financial Inc., founded in 2014, raised $393 million in its latest round to bring total funding to $600 million, the company said. In December, the company was valued at $850 million, according to researcher PitchBook. Earlier this year, Bloomberg reported the company was eyeing a $4 billion valuation.

The company pitches its offering as a universal login credential that will allow e-commerce sites to compete with Amazon’s speed. Bolt said that once shoppers sign up, including ...

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