Bolt acquires Tipser, launches Remote Checkout
Checkout and shopper network company Bolt announced on Monday that it has acquired Swedish-based tech company Tipser.
With this acquisition, Bolt will soon be powering one-click checkouts on remote surfaces throughout the United States, Canada, United Kingdom, and all EU territories. The acquisition will help the companies realize their shared vision of enabling shoppers to check out immediately at the point of discovery.
Bolt will leverage Tipser's turn-key publisher marketplaces, touchless merchant integrations, and headless implementation capabilities to enhance Bolt's Remote Checkout solution. By combining forces, Remote Checkout will enable publishers to leverage Bolt's one-click account creation and tap into Bolt's network of shoppers.
Remote Checkout will give shoppers the ability to check out directly and safely at any point of inspiration, publishers and creators the ability to monetize traffic, and merchants the ability to boost conversion rates while ramping up revenue and account creation via the Bolt network.
"Tipser and Bolt share the same goal of enabling checkout to take place anywhere. Our acquisition of Tipser couldn't be more synergistic for the future of remote checkout," said Ryan Breslow, founder and CEO of Bolt. "Tipser has proven success in giving shoppers the opportunity to directly check out through inspirational content. By joining forces with Tipser, the sky's the limit when it comes to unlocking the power of shopper identities to check out everywhere.”
Tipser has spent the past 10 years perfecting its embedded commerce technology that allows consumers to purchase products natively on any surface.
"It is very rare to find a partner with such symbiosis in culture, vision, and offerings. Both our companies were built on the foundation of a Conscious Culture—growing thriving businesses by putting our teams first. Even though we come from complementary business offerings, we share exactly the same vision enabling every digital surface to become transactional," added Marcus Jacobsson, co-founder and CEO of Tipser.
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