RYAN BRESLOW IS RAISING UP TO $27M IN PAY-TO-PLAY BRIDGE FUNDING TO SAVE BOLT

Summary from the TLDR Fintech newsletter

The one-click checkout startup is seeking a financial lifeline after its valuation collapsed 97% from $11 billion to $300 million, with Ryan Breslow personally committing $5 million. Existing investors who decline to participate risk losing much of their equity, suggesting the company may be running short on options despite claims it is nearing profitability. Breslow is betting that a 60-person, AI-powered team and Bolt's new financial super app can return the company to growth.