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

  • October 2, 2018
    Shock therapy: jolt for EV charging needed
    As sales of electric vehicles accelerate, the growth of charging infrastructure is in need of a big boost. Graham Anderson reports on whether Europe is up to it. Utilities, technology companies and vehicle manufacturers are battling to put in place new charging networks for electric vehicles (EVs) across Europe in response to a predicted dramatic surge in demand. Market experts believe that rapidly falling battery costs – which make up about one third of the costs of an electric car – and growing
  • October 25, 2021
    What will MaaS look like in 2031?
    The next decade will see the humble trip planning app transformed by machine learning and AI, revolutionising the way we move around and interact with each other, says John Nuutinen of SkedGo
  • May 8, 2019
    Cowlines app aims to bring MaaS to North America
    Europe is seen as leading the charge as providers battle to gain traction for their Mobility as a Service apps. But that could be about to change with the roll-out of Cowlines in North America It is widely agreed that Mobility as a Service (MaaS) platforms have the potential to replace a lot of urban private car journeys – more than 2.3 billion of them by 2023 in fact, according to Juniper Research. Implementation of MaaS options is likely to be quicker in Europe than in the US for a number of reasons (
  • September 20, 2019
    Masabi bulks up mobile ticketing in Japan for Rugby World Cup
    As the Rugby World Cup kicks off in Japan, Masabi is expanding its mobile ticketing to help local and international fans navigate around Toyota City. Masabi says the move will allow riders to purchase daily bus passes in Jorudan’s trip planning app in English and Japanese. Toshikazu Sato, CEO of Jorudan, says: “We’re enabling people to not only plan their journey, but also buy their transport ticket and even buy a voucher for a meal. The barcode provides a simple and visual way for both bus drivers an