CEO and founder Markus Villig said that the credit backed by the likes of Goldman Sachs and JP Morgan demonstrates Bolt's 'strength and financial maturity'. Bolt, the Estonian mobility start-up with operations in Ireland, has secured €220m in a revolving credit facility to improve its financial standing ahead of a planned IPO (initial public offering). In an announcement today (3 May), Bolt said that the facility provided by a syndicate of core relationship banks will supplement its strong cash position and strengthen its liquidity profile.