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

  • April 28, 2020
    Zuora: MaaS comes to the masses
    The shift from ownership to usership in the subscription economy provides opportunities for the whole of the mobility sector for the next decade and beyond, says John Phillips of Zuora
    Read More
  • August 7, 2019
    Moovit: Gut feelings no match for data
    Cities that bring in mobility services without data might be missing out on areas where demand is highest. Ben Spencer talks to Moovit’s Alon Shantzer about how the company is helping customers to pinpoint the right locations Launching mobility services without taking into account public transportation data can lead to chaos in cities. That’s the view of Alon Shantzer, vice president international sales at Moovit, the Mobility as a Service (MaaS) provider and transit app. “The data we have can define
    Read More
  • February 6, 2019
    MaaS Market London tackles transport firms’ big question
    Will Mobility as a Service (MaaS) destroy public transport as we know it? That’s the question representatives from the taxi, bus, rail and multi-modal sectors will consider in ‘The role of vertical transport providers’, the opening session of the 2019 MaaS Market Conference (London, 20-21 March). Amid growing evidence of traditional transport operators losing out to the new mobility providers, particularly in urban areas, the panel session will debate the potential and actual benefits and pitfalls of par
    Read More
  • August 11, 2021
    MaaS: 'It's been much easier to convince politicians than we expected'
    As she leaves the Mobility as a Service sector, Piia Karjalainen explains why the user must continue to be the focus – and why we haven’t yet even seen half of the innovations available 
    Read More

Highlighted Content