We’re excited to announce that Mikko Salovaara has been appointed Bolt’s new CFO!
Before joining Bolt, Mikko held the same position at Revolut, the financial super-app, and previously headed up regional finance teams at Kraft Heinz Co.
Mikko brings his experience from some of the world’s fastest-growing companies to lead Bolt’s global finance function as the business moves closer to full profitability and prepares for IPO.
Bolt continues to grow
Despite surging inflation, rising interest rates, and macroeconomic uncertainty across many markets, Bolt increased its revenue significantly in 2022.
And we’re now on track to become the first European mobility platform to be fully profitable within the next 12 months.
“Our core principles have remained the same since we were founded 10 years ago — by being the most operationally efficient mobility platform in the world, we can provide incredible value to our customers and partners.
Having a great service and attractive prices drive our industry-leading growth, and we’re proud to now serve 150 million customers across 45 countries.
This extraordinary scale will allow us 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.”
Markus Villig, Founder and CEO of Bolt
Mikko will take up his new role with Bolt later this month.
“In an industry where it’s notoriously hard to operate profitably, Bolt stands head and shoulders above its competitors.
The culture of maximising operational efficiency, instilled by Markus 10 years ago, continues to guide the business today and has left Bolt well-positioned to reach and maintain long-term profitability.
I look forward to being part of this next stage in Bolt’s journey as the business prepares for IPO.”
Mikko Salovaara, Bolt’s incoming Chief Financial Officer
Join us on this exciting journey
We’ve got no plans to slow down!
Today, we operate in more than 500 cities and 45 countries in Europe, Africa, Western Asia, and Latin America and will continue focusing on long-term, sustainable growth.