Boxtrade Lands $50 Million In Another New Funding Round

Thursday, San Francisco-based Bolt unveiled what Breslow says is the world’s first checkout experience platform, powered by a $50 million Series C round of funding led by WestCap’s Laurence Tosi. Bolt, founded in 2014, gives retailers and consumers more choice, control and flexibility over their transactions by managing the back end of the checkout—presenting payment options, securely processing payments, and mitigating fraud—while providing a seamless front end experience.

“We are creating a new category of checkout experience and have run more than 100 tests on ways to present the cart to find out what users want,” Breslow said.

 

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