Veronica Servantez, SVP of marketing at BigCommerce, discusses evolving e-commerce trends and offers strategic insights for apparel, retail, beauty and luxury retailers and brands.
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SAN FRANCISCO, May 11, 2021 /PRNewswire/ Bolt, the leading checkout experience platform, today announced the launch of Bolt SSO Commerce™, the first single sign-on checkout experience that helps retailers engage directly with their customers by turning anonymous, guest shoppers into logged-in account holders whose insights and feedback brands can use to offer more personalized shopping experiences. Badgley Mischka is one of the leading global brands that will use Bolt SSO Commerce to drive an increase in store account creation and convert one-time guest shoppers into long-term, loyal customers. Brands on Bolt SSO Commerce have enjoyed an average 25% increase in store account registrations. For shoppers, the solution offers easy store account creation combined with the convenience of fast, secure, one-click checkout across all retailers in the Bolt network.
Posted Dec 21, 2020
Bolt, the fastest, easiest, and most secure checkout platform, is announcing $75M in new funding, for a total of $215M raised to-date. This latest round is co-led by General Atlantic and WestCap, two leading growth equity firms, with participation from existing investors Activant Capital and Tribe Capital. Angel investors in Bolt include founders and retail executives at Allbirds, Athleta, Crocs, Jet.com, and REVOLVE, as well as technology executives from Venmo, PayPal, and Magento.
Bolt processed over $1B in retail transactions this year, experienced a 10x increase in the size of its Bolt One Click shopper network, and is adding more than 250,000 shoppers every month. Bolt One Click is fueling this growth by exponentially increasing the number of fast checkouts among shoppers. Shoppers with an account are 60% more likely to complete a purchase when visiting a retail site that leverages Bolt.