Bolt is expanding its Hopp ride-hailing brand into the corporate travel sector in Canada.

      A year after its consumer introduction in Toronto, Bolt's North American brand Hopp has unveiled a corporate mobility solution aimed at finance teams dissatisfied with fragmented expense reporting. This launch coincides with predictions that Canada’s business travel expenditure will increase by 17.7% to CAD $44.3 billion by 2025.

      The Estonian mobility firm Bolt, which operates in over 50 countries, has expanded its Canadian ride-hailing brand Hopp into the corporate travel sector with the debut of Hopp for Business across 17 municipalities in the Greater Toronto Area (GTA).

      This launch follows Hopp’s consumer rollout in the GTA in February 2025, during which riders have collectively traveled over 72 million kilometers using the platform, as reported by the company.

      Hopp for Business enhances the typical ride-hailing service with features such as centralized billing, customizable spending limits, automated receipt creation, and compatibility with expense management systems. One feature, Ride Booker, enables organizations to arrange travel for employees, partners, or guests who do not need to use the Hopp app themselves.

      Hopp claims the product can save employees approximately 20 minutes each month in manual expense reporting, and companies utilizing it in other markets have reported up to 25% savings on travel expenses due to centralized management, as per internal benchmarks.

      The coverage of Hopp for Business is more extensive than that of the initial consumer launch. It is now available in Toronto, Mississauga, Brampton, Vaughan, Richmond Hill, Markham, Hamilton, Oakville, Oshawa, Whitby, Milton, Burlington, Pickering, Aurora, Halton Hills, King City, and Ajax, stretching into industrial zones and suburban business parks outside the city center.

      André de la Torre, Bolt’s regional general manager, articulated the launch as a strategic move to confront an overly concentrated market. “The North American ride-hailing market has been characterized by limited competition and rising costs for years,” he noted. “We aim to provide Canadian businesses and riders with a better option.”

      Canada represents a significant opportunity. In 2024, the Global Business Travel Association ranked it as the 13th largest business travel market worldwide, forecasting a 17.7% rise in spending to CAD $44.3 billion in 2025, up from $36.5 billion the previous year. Corporate ground transportation is increasingly capturing a larger share of this expenditure as hybrid work patterns lead to more short trips within cities.

      Hopp’s entry into the business sector also places it in a strategic position where Bolt may more easily attract clients away from Uber: decisions in corporate procurement are influenced by cost management and reporting needs rather than consumer tendencies, allowing a challenger with a lower commission structure to offer a more compelling sales proposition.

      Bolt takes a 15% commission from drivers, which it asserts is lower than Uber’s estimated 25%, enabling it to offer more competitive ride pricing while ensuring driver earnings remain intact.

      Founded in Tallinn in 2013 by Markus Villig, Bolt is currently valued at around €7.4 billion, following a funding round led by Sequoia Capital and Fidelity Management. The company operates across Europe, Africa, Asia, and Latin America, in addition to its newer presence in North America.

      The Hopp consumer service launched in the GTA in February 2025, covering areas including Toronto, Mississauga, Markham, Vaughan, and Richmond Hill. The Toronto ride-hailing market is one of the most fiercely competitive in North America, featuring over 80,000 licensed ride-share drivers and managing an estimated 250,000 vehicle-for-hire trips daily.