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Bolt’s Ryan Breslow pins his hopes on a new app that takes on Coinbase, Zelle, and PayPal
Ryan Breslow is officially back. While the founder of one-click checkout company Bolt re-assumed its helm as CEO in March, Breslow is unveiling Wednesday
While the founder of one-click checkout company Bolt re-assumed its helm as CEO in March, Breslow is unveiling Wednesday a new “superapp” that he hopes will formally mark his return as the fintech’s leader. On top of that, Bolt has partnered with Midland States Bank to now also offer a debit card that features a rewards program, including up to 3% direct cash back on eligible purchases and up to 7% in Love.com store credits. Despite lackluster revenue growth, Breslow claims that Bolt has managed to still grow in terms of users — with a two-sided network of tens of millions of U.S. shoppers and “hundreds” of merchants such as Revolve and Kendra Scott.
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