The commercial ride-hailing service company, Taxify has changed its name.
It is now known as Bolt.
The change of name was announced by the Chief Executive Officer of the company, Markus Villig, in a statement issued on Thursday.
Consequently, its apps and listings in app stores have been updated.
Villig said the company would be rolled out gradually, explaning that the app would update automatically.
Said Villig: “Since our launch five years ago, Taxify has grown to be more than a taxi app. Now millions of people over the world are using us to move around.
“Be it in a car, on a motor or riding an electric scooter. It’s time for our name to reflect our mission of building the best way to move in cities.
“We are changing our name and logo, but the app with great prices and fast arrival times will stay just as good as ever.”
