Skip to main content

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.

Related Content

  • September 28, 2020
    Worldline and Unwire create MaaS solution
    Payment technology + multimodal planning = 'next logical step', companies say
  • February 3, 2012
    Microsoft and Toyota partner on next-gen telematics
    Microsoft and Toyota Motor Corporation (TMC) announced yesterday they have forged a strategic partnership and plan to build a global platform for TMC's next-generation telematics services using the Windows Azure platform.
  • January 25, 2018
    Manchester seeks smart but not selective transport solutions
    Smarter transport relies on better communications both with travellers and between transport providers. Andrew Williams reports. Inrix’s prediction that the cost of traffic congestion will rise by 63% to £21bn per year by 2030 clearly illustrates that, in addition to the ongoing inconvenience and inefficiency, ongoing gridlock is a significant drain on the economy. It is against this backdrop that a Cisco-led consortium has launched CitySpire, a smart transport programme that uses location-based services a
  • June 17, 2019
    Connected Places Catapult: let's get holistic
    Two UK organisations - Transport Systems Catapult and Future Cities - have merged to form Connected Places Catapult. Helen Wylde explains what this new start is designed to achieve Changing towns and cities, changing transportation…changing the world – it’s all too easy to sound idealistic. But however sensible a pessimistic outlook might be, it in no way mitigates the absolute urgency of our need to succeed. The coming together of Transport Systems Catapult and Future Cities is significant because