52
Growth Score
pts
Heat Score
-2 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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1044848
Fare payment as a service ( FPaaS) for informal transport network in emerging countries
About the Company
In developing countries, cash remains the main means of payment in every transaction, especially within the informal transportation network of shared taxis or caravans. With a large percentage of the population required to commute on a daily basis via these informal transportation services, exact fare payment remains the most challenging issue for
riders and operators. By providing a fare collection application as a service (FPaaS) to the informal transportation network, our platform helps enable Mobility as a service (MaaS) for riders. This then allows users to manage payments across multiple operators using our Near Field Connection (NFC) contactless prepaid card while being charged the ‘best fare’ after their journeys.
