Bolt is introducing its Hopp ride-hailing brand to the Canadian corporate travel market.

      A year after its consumer launch in Toronto, Bolt’s North American brand Hopp has rolled out a corporate mobility solution aimed at finance teams dissatisfied with fractured expense reporting. This introduction comes at a time when Canada's business travel expenditure is projected to rise by 17.7% to CAD $44.3 billion by 2025.

      Bolt, the Estonian mobility firm operating in over 50 countries, has expanded its Canadian ride-hailing service Hopp into the corporate travel sector by launching Hopp for Business across 17 municipalities in the Greater Toronto Area.

      This step follows Hopp's consumer introduction in the GTA in February 2025, during which riders have collectively traveled more than 72 million kilometers on the platform, as reported by the company.

      Hopp for Business incorporates centralized billing, adjustable spending limits, automated receipt generation, and integration with expense management systems into the standard ride-hailing offering. A feature named Ride Booker enables organizations to arrange travel for employees, partners, or guests who do not need to use the Hopp app themselves.

      According to Hopp, the solution can save employees approximately 20 minutes a month on manual expense reporting, and companies using it in other markets have reported up to 25% savings on travel expenses through centralized management, a figure attributed to internal benchmarking.

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

      André de la Torre, Bolt’s regional general manager, described the launch as a strategic counter to a market that has been overly centralized. “The North American ride-hailing market has experienced years of limited competition and rising costs,” he noted. “We aim to provide Canadian businesses and riders with a better alternative.”

      Canada is a significant opportunity. In 2024, the Global Business Travel Association ranked it as the 13th largest business travel market worldwide and projected spending to increase by 17.7% to CAD $44.3 billion in 2025, up from CAD $36.5 billion the previous year. Corporate ground transportation is becoming an increasingly significant portion of this spending as hybrid work patterns necessitate more short trips within cities.

      Hopp’s entry into the corporate sector also positions it advantageously against Uber: corporate procurement decisions tend to focus more on cost control and reporting standards instead of consumer habits, enabling a challenger with a lower commission structure to present a more compelling sales proposal.

      Bolt charges a 15% commission to drivers, which it asserts is lower than Uber’s estimated 25%, allowing it to offer more competitive ride prices while ensuring driver earnings remain stable.

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

      The Hopp consumer product debuted in the GTA in February 2025, covering Toronto, Mississauga, Markham, Vaughan, and Richmond Hill. The Toronto ride-hailing market is highly competitive: the city boasts over 80,000 licensed ride-share drivers and manages an estimated 250,000 vehicle-for-hire trips daily.