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Bolt Financial
Bolt Financial Inc. (Bolt) is an American financial technology start-up that provides merchants with software to facilitate one-click online checkouts. It was founded in 2014 in San Francisco. History Bolt was founded by Stanford University computer science students Ryan Breslow Ryan Breslow is an American entrepreneur. He is the co-founder and chairman of Bolt, a one-click checkout technology company; a co-founder of Eco, a digital cryptocurrency platform; a co-founder of Love, a crypto pharmaceutical startup, and the ... and Eric Feldman in 2014. Their goal was to simplify online checkout for consumers and help independent retailers compete with Amazon, which held the patent on one-click checkout until 2017. The company initially operated out of Breslow's dorm room. In 2021, the company entered into partnerships with its first European clients and acquired Tipser, a technology company based in Sweden. In December 2021, it raised $393 million, bringing Bolt's lifetime ra ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Financial Technology
Fintech, a portmanteau of "financial technology", refers to firms using new technology to compete with traditional financial methods in the delivery of financial services. Artificial intelligence, blockchain, cloud computing, and big data are regarded as the "ABCD" (four key areas) of fintech. The use of smartphones for mobile banking, investing, borrowing services, and cryptocurrency are examples of technologies designed to make financial services more accessible to the general public. Fintech companies consist of both startups and established financial institutions and technology companies trying to replace or enhance the usage of financial services provided by existing financial companies. A subset of fintech companies that focus on the insurance industry are collectively known as insurtech or insuretech companies. Key areas Academics Artificial intelligence (AI), blockchain, cloud computing, and big data are considered the four key areas of FinTech. Artificial intelli ...
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Financial Technology
Fintech, a portmanteau of "financial technology", refers to firms using new technology to compete with traditional financial methods in the delivery of financial services. Artificial intelligence, blockchain, cloud computing, and big data are regarded as the "ABCD" (four key areas) of fintech. The use of smartphones for mobile banking, investing, borrowing services, and cryptocurrency are examples of technologies designed to make financial services more accessible to the general public. Fintech companies consist of both startups and established financial institutions and technology companies trying to replace or enhance the usage of financial services provided by existing financial companies. A subset of fintech companies that focus on the insurance industry are collectively known as insurtech or insuretech companies. Key areas Academics Artificial intelligence (AI), blockchain, cloud computing, and big data are considered the four key areas of FinTech. Artificial intelli ...
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1-click
1-Click, also called one-click or one-click buying, is the technique of allowing customers to make purchases with the payment information needed to complete the purchase having been entered by the user previously. More particularly, it allows an online shopper using an Internet marketplace to purchase an item without having to use shopping cart software. Instead of manually inputting billing and shipping information for a purchase, a user can use one-click buying to use a predefined address and credit card number to purchase one or more items. Since the expiration of Amazon's patent, there has been an advent of checkout experience platforms, such as ShopPay, Simpler, PeachPay, Zplit, and Bolt which offer similar one-click checkout flows. Patent The United States Patent and Trademark Office (USPTO) issued a patent for this technique to Amazon.com in September 1999. Amazon.com also owns the "1-Click" trademark. On May 12, 2006, the USPTO ordered a reexamination of the "One-Click" ...
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Stanford University
Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is considered among the most prestigious universities in the world. Stanford was founded in 1885 by Leland and Jane Stanford in memory of their only child, Leland Stanford Jr., who had died of typhoid fever at age 15 the previous year. Leland Stanford was a U.S. senator and former governor of California who made his fortune as a railroad tycoon. The school admitted its first students on October 1, 1891, as a coeducational and non-denominational institution. Stanford University struggled financially after the death of Leland Stanford in 1893 and again after much of the campus was damaged by the 1906 San Francisco earthquake. Following World War II, provost of Stanford Frederick Terman inspired and supported faculty and graduates' entrepreneu ...
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Ryan Breslow
Ryan Breslow is an American entrepreneur. He is the co-founder and chairman of Bolt, a one-click checkout technology company; a co-founder of Eco, a digital cryptocurrency platform; a co-founder of Love, a crypto pharmaceutical startup, and the founder of the dance non-profit, The Movement. Early life and education Breslow was born and raised in North Miami Beach, Florida, the son of Heather and Eric R. Breslow. In middle school, he taught himself to code through online tutorials and YouTube videos. He attended Dr. Michael M. Krop Senior High School. Throughout high school he was a bag boy at the grocery chain Publix. He also founded an online mattress company and designed and programmed websites for clients including a luxury shopping center and a LeBron James–backed streetwear brand. He founded two community service projects; the first helped underserved kids who wanted to golf but lacked financial resources and the second benefited homeless veterans in Miami-Dade. A Natio ...
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Fortune (magazine)
''Fortune'' is an American multinational corporation, multinational business magazine headquartered in New York City. It is published by Fortune Media Group Holdings, owned by Thai businessman Chatchaval Jiaravanon. The publication was founded by Henry Luce in 1929. The magazine competes with ''Forbes'' and ''Bloomberg Businessweek'' in the national business magazine category and distinguishes itself with long, in-depth feature articles. The magazine regularly publishes ranked lists, including the Fortune 500, ''Fortune'' 500, a ranking of companies by revenue that it has published annually since 1955. The magazine is also known for its annual ''Fortune Investor's Guide''. History ''Fortune'' was founded by ''Time (magazine), Time'' magazine co-founder Henry Luce in 1929 as "the Ideal Super-Class Magazine", a "distinguished and de luxe" publication "vividly portraying, interpreting and recording the Industrial Civilization". Briton Hadden, Luce's business partner, was not enthu ...
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American Companies Established In 2014
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * B ...
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