3 years ago

Masabi Secures Strategic Growth Investment from Accel-KKR

  • Masabi, a London-based ticketing company, raised a strategic growth funding round led by Accel-KKR with participation from existing investors Shell and Smedvig Capital

  • The company intends to use the funds to accelerate product development and add new deployments of Justride in North and South America, Europe and Asia-Pacific

  • Masabi provides Justride, a SaaS fare payments platform for public transport

  • The cloud-based, multi-format platform facilitates the use of a variety of fare media including mobile tickets, contactless credit cards, smartcard, paper barcode and more.

      • ProblemTransportation

      "public transport ticketing in cities worldwide is complex and lacks innovation"

      Solution

      "Masabi provides a cloud-based fare payments platform called Justride that enables various fare media and facilitates the development of Mobility-as-a-Service (MaaS) offerings"

      Covered on