Bolt Launches Embedded Banking and Card Products with Airwallex
Bolt launched Bolt Money on Nov 3, 2026, an embedded banking product for its driver network built on Airwallex's infrastructure. The product includes a virtual wallet and a Visa-branded Bolt Card for everyday spending through the Bolt app, Apple Pay, or Google Pay. Drivers can also order a physical card or transfer earned funds to an external bank account.
Airwallex provides the underlying banking-as-a-service and card-issuing infrastructure. Financial terms of the arrangement were not disclosed. The launch extends Bolt's embedded finance push, following its recent car financing product with finmid.
- Validates gig-economy platforms as a high-growth embedded finance distribution channel
- Airwallex strengthens its position as a cross-border BaaS provider for non-financial platforms