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

Related Content

  • January 10, 2017
    PTV Group launches new MaaS accelerator program product suite
    PTV Group has launched what it calls its new Mobility-as-a-Service (MaaS) accelerator program, a portfolio of component technologies for planning, operating and managing MaaS in any city around the world. According to Miller Crockart, PTV Group’s vice-president of global traffic sales and marketing, the company has leveraged its expertise in routing, scheduling and trip optimisation to develop a commercially available software suite capable of quickly and efficiently evaluating MaaS. PTV is already w
    Read More
  • May 6, 2025
    Ridango and Bregal Milestone acquire software firm uTrack
    MaaS specialist and private equity investor are looking for synergies
    Read More
  • March 7, 2024
    Multimodal RideLink pilot starts in Vancouver
    Year-long programme allows residents to use Compass Card for easy access to all services
    Read More
  • April 19, 2016
    Spreading the word about Bike Share in the US
    Smart bike share technology and funding policies help bridge the transit gap through the final mile as Andrew Bardin Williams explains. The sharing economy is coming to Portland this summer. BikeTown, the city’s new bike share program sponsored by Nike, will be launched in mid-July with 1,000 bicycles distributed across 100 stations throughout the city. Originally funded by a $2 million federal grant, the program has been boosted by a $10 million sponsorship deal with Nike ensures funding for the next five
    Read More

Highlighted Content