Vehicle finance will be provided for the drivers says the Riding platform Bolt to increase the number of customers Bolt had taken this decision.
We already know well there is an increase in the importance of online taxi services because of that the Estonian-based company had announced this offer.
Finance for Bolt Drivers
These online taxi services were using digital taxis which is easy to ride and they were offering low cost for their rides than the others.
Markus Villig founder and CEO of Bolt says that there is an increase of customers to their firm to balance that they gave this offer to their drivers.
- He added that every year there is an increase of one million customers on this platform for their Bolt services.
- So, he wants to satisfy the customers by increasing the number of drivers so he decided to offer vehicle finance for drivers.
- This firm was already started its journey in European countries and also in Africa. Bolt started this company in Tallinn, Estonia in the year 2014.
In 2016 the firm Bolt started its first company in South Africa after that it also opened branches in Kenya, Ghana, Nigeria, Uganda, Tanzania, and Tunisia.
Start-up companies in the 70 African cities were majorly involved in three services and they are ride-hailing, food delivery, and grocery delivery.
The Bolt also has clients in Nigeria, South Africa, Ghana, Tanzania, and Kenya. The firm Bolt was giving its service across seven African markets with over 47 million customers with the help of 900,000 drivers and 500 employees.