1. Home
  2. Newsletter
  3. The Roundup
  4. $393M for one-click
Product Hunt kitty

The Roundup

by Product Hunt

$393M for one-click

You don’t see many companies squaring off to take on Amazon these days, but Bolt has been cooly assuming the position.

The “Amazon-like payments stack for everyone else” first launched on Product Hunt three years ago, after working for almost three years in stealth. Despite entering a very crowded space, it differed from products like Stripe Checkout.

“That's more of a lightweight way of collecting a credit card vs. this which is a robust enterprise-ready platform. Tax/shipping/discounts/platform-integrations… While also built to be super developer-friendly, this is built for retailers / e-comm companies first and foremost,” founder Ryan Breslow wrote back then (to its credit, Stripe has expanded since then).

Then earlier this year, it dropped Bolt One Click, a one-click checkout experience for shoppers, across anywhere where Bolt is used. Shoppers can save their passwords, personal information, and card details and check out instantly if using Bolt — even if they’ve never been to the shop before.

“Bolt One Click gives independent retailers a fighting chance... by enabling them to provide a return-like experience to millions of first-time shoppers. Shoppers get a fast checkout anywhere across the growing Bolt network, and retailers benefit from higher-converting shoppers. Everyone wins!” Breslow wrote on Product Hunt.

While “Buy Now” functionality might duplicate the success of tech goliaths, Breslow has set himself and the company apart from portrayals of Bezos and Amazon. He’s pursued creating a “conscious culture” which drives the way Bolt conducts business (with concepts like “conscious selling”) and manages its team members (Bolt introduced a 4-day workweek last month.)

That might attract burnt-out workers looking for new jobs. Meanwhile, investors note liking Bolt because it's focusing all its efforts on a 10/10 customer experience of the payments solution, rather than trying to do too much at once. The new $393M Series D drives the company's valuation to $6B.

Bolt is planning to use its new funding to expand beyond the US (you can expect to see Bolt debut in Europe in the first half of 2022). It does face competitors, including Fast — a Stripe-backed startup that wants to bring fast login to everything — and UK-based Checkout.com.

Cat Nips
  • Nokia brick phones are back and they have snake.
  • If you’re a creator on Gumroad, check out this AutoDrive tool for automating access to your GoogleDrive files when you make a sale.
  • Kortpress helps you create tickets, membership cards, etc. for Apple Wallet and Google Pay.
  • We know, Halloween isn’t over yet, but if you’re ready to start thinking about Christmas, Jolly is a new Secret Santa app with in-app gift purchasing.
  • Slideit is a new tool to help you save tweets to Notion.
Makers

Tony Dinh on what he’s learned as an indie developer

"I believe every product – no matter how complicated – can be simplified into an MVP we can build within a week."

Weekly

Leaderboard highlights

Vimcal
VimcalSuperhuman for Calendar
Canva Video Suite
Canva Video SuiteCreate, edit, and record stunning videos with ease
Ernest
ErnestAn AI that finds prospects and drafts tailored sales emails
Clarify
ClarifyThe autonomous CRM that helps you sell more
Promoted
3dicons
3diconsOpen source 3D icon library with over 1440+ icons
Craftly.AI
Craftly.AIAI copywriting tool for marketing & sales copy
Xano
XanoThe fastest way to build and deploy a scalable backend
Facebook Ad Hunter
Facebook Ad HunterDiscover hidden audiences on Facebook
Senpai
SenpaiGet answers from a verified startup expert
Mudrex Coin Sets
Mudrex Coin SetsInvest in theme-based bundles of cryptocurrencies
Top Startups
Top StartupsDatabase of top startups and jobs, backed by top VCs
While they’re young

“My parents were immigrants, counted every penny, didn't have a lot of savings and so they never learned how to build wealth or understood long-term savings. I want to make sure that never happens with my own two kids,” wrote maker Kashem Miah on today’s launch of GoHenry.

GoHenry is a kids debit card that teaches youngins about spending wisely in the real world with an app that lets parents guide the progress, send allowance, set goals, and more.

newsletter icon
The Roundup

Every Sunday

Everything you missed this past week on Product Hunt: Top products, spicy community discourse, key trends on the site, and long-form pieces we’ve recently published.