Bolt Adds Atomic’s Embedded Investing Capabilities to Financial App

Bolt has partnered with investing-as-a-service platform Atomic to add embedded investing capabilities to the Bolt SuperApp, a consumer finance platform.

With this collaboration, the Bolt experience will offer consumers the ability to open brokerage accounts, trade stocks and exchange-traded funds (ETFs), and invest through automated managed portfolios, the companies said in a Tuesday (Feb. 3) press release.

These capabilities join those already offered by the Bolt SuperApp, including the ability to manage payments and banking, trade cryptocurrency, send peer-to-peer payments, access rewards and track commerce activity, according to the release.

“For the SuperApp to be useful in everyday life, it has to help people move beyond transactions and toward long-term financial progress,” Bolt Founder and CEO Ryan Breslow said in the release. “Atomic allows us to offer investing in a way that is straightforward, regulated and built directly into how people already use Bolt.”

The partnership will see Atomic power white-labeled brokerage and investment functionality in the Bolt Superapp, according to the release. Atomic will provide the regulated brokerage infrastructure, portfolio management and operational support for Bolt’s delivery of investing services, per the release.

“Bolt reaches millions of consumers right when they’re making decisions about their money,” Atomic CEO David Dindi said in the release. “By bringing saving and investing into those moments within the Bolt SuperApp, we’re expanding access to the markets in a way that feels natural and fits how people already manage their finances.”

Bolt launched its super app in September, saying it provides a unified financial hub that brings together cryptocurrency trading, peer-to-peer transfers, digital banking and commerce.

Breslow said at the time in a press release that the super app provides “a financial operating system for the modern consumer.”

Before launching the super app, Bolt built its one-click checkout experience that is used by more than 80 million U.S. shoppers and hundreds of merchants.

Meanwhile, Atomic said in August that it raised $30 million in growth capital to accelerate the global expansion of its embedded investing platform. The company said it was processing more than $20 billion in annualized trading volume and that the new funding would accelerate its regulatory expansion, broaden its product suite, and deepen its work with partners.

In January, Atomic enhanced its European footprint by acquiring Netherlands-based Markets in Financial Instruments Directive (MiFID) investment firm Groene Hart Financiele Diensten.