Bolt has surpassed 150 million customers spread across its suite of mobility products, which include ride-hailing, micro-mobility (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 European mobility company has 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.

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

Bolt, Chief Executive Officer(CEO), Markus Villig said bringing Salovaara on board will allow the company 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.”