Toyota invests in MaaS Global to develop integrated mobility solutions

Toyota Financial Services (TFS) and its insurance partner have announced a significant investment in the Finnish company MaaS Global, which was established in April 2016 to provide multi-modal transportation services.
June 21, 2017 Read time: 1 min

1686 Toyota Financial Services (TFS) and its insurance partner have announced a significant investment in the Finnish company 8571 MaaS Global, which was established in April 2016 to provide multi-modal transportation services.

Through its ‘Whim’ App, MaaS Global enables customers to purchase a monthly subscription package that is tailored to their transportation needs (currently this includes public transport, e-hailing and car rental). The app is already operating in Helsinki with plans this year to expand to three other major cities in Europe and then expand to other cities around the Globe.

TFS is investing to explore a co-operation model for multi-modal mobility solutions, including the necessary technology. TFS will help MaaS Global accelerate market entry and build a long term and loyal customer base.

Networking & Communication Systems

For more information on companies in this article

Related Content

  • Caltrans takes the long view of transport
    October 21, 2016
    Caltrans’ Malcolm Dougherty took time out of his schedule at ITS America 2016 in San Jose to talk to ITS International about current and future challenges. As director of California Department of Transportation (Caltrans) since mid-2012, many would say that Malcolm Dougherty has one of the best jobs in transportation. Caltrans is one of the most progressive and innovative transport authorities, implementing policies to encourage cycling, piloting new
    Read More
  • European Start-up Prize for Mobility reveals first 150 projects
    February 11, 2019
    The European Start-up Prize for Mobility has whittled down 568 entrants to 150 projects. These will go on to the next stage of the competition – the second year that the accelerator programme for sustainable mobility options has been run – when their number will be reduced to 50 later this month. The organisers say more established start-ups have entered this time, with 58% in business for more than three years, and an average of 14 employees. “This is partly explained by the maturing and expansion
    Read More
  • Investing in ITS: Show us the money
    April 8, 2022
    The ITS industry is currently attracting a lot of interest from private equity and venture capital providers. Adam Hill asks some of the people who have their eyes on the market what makes it such a good bet
    Read More
  • Developments in security for wireless communications networks
    July 20, 2012
    David Crawford looks at new developments in security for wireless communications networks. Wireless communications - including mobile phone links - are well recognised as a key transport technology. They are low-cost, easily installed, well supported by the wider IT industry and offer the protocols of choice for much metropolitan area networking on which transport applications can piggyback.
    Read More

Highlighted Content