Masabi raises $20m to expand ticketing platform

Masabi has secured £20 million in a funding round to accelerate the expansion of its mobility platform Justride. Masabi says Justride removes the need for passengers to buy a ticket by allowing them to tap a contactless bank card, mobile phone or smart card to travel. The round of investment, led by venture capital firms Smedvig Capital with MMC Ventures, is expected to allow the company to bring its ticketing and payments technology to more cities and transit operators around the world. Addition
May 8, 2019 Read time: 1 min
6870 Masabi has secured £20 million in a funding round to accelerate the expansion of its mobility platform Justride.


Masabi says Justride removes the need for passengers to buy a ticket by allowing them to tap a contactless bank card, mobile phone or smart card to travel.

The round of investment, led by venture capital firms Smedvig Capital with MMC Ventures, is expected to allow the company to bring its ticketing and payments technology to more cities and transit operators around the world.

Additionally, Masabi says it will also use the fund to work with partners such as Uber, Jorudan and Keolis in making it easier for people to discover and access public transit services.

Related Content

  • August 14, 2018
    Lurraldebus and Masabi launch mobile ticketing service in Spain
    Lurraldebus, the Spanish intercity public transport service operating in Gipuzkoa province, has launched a mobile ticketing service based on Masabi's Justride SDK platform. The solution is available in Spanish, English and Euskera and is intended to provide riders with a simple method for buying tickets. The LurTicket system allows passengers to download an app, developed by technology company Gerktek, which can be used to purchase tickets. Riders present the pass as an encrypted barcode to bus drivers.
    Read More
  • March 26, 2014
    First Capital Connect launches mobile ticketing app
    US bus operator First Capital Connect has announced the launch of its new queue-reducing mobile ticketing app, allowing passengers to use their mobile phone or tablet as a ticket machine. Developed by Masabi, the app can be downloaded the app to the user’s phone, enabling them to instantly purchase peak and certain off-peak tickets for immediate use.
    Read More
  • February 2, 2012
    Developments in smarter multi-modal fare paynment
    This section pulls together all the multi-modal topics in each issue. Subject matter will include smartcards; ticketing and payment systems; passenger information systems; fleet management for buses, trains and light rail; park and ride systems; on-line access to real-time information via Internet portals
    Read More
  • June 4, 2024
    New ticketing system for Dakar's 100% electric BRT
    Riders in Senegal's capital can use Calypso cards, contactless tickets and QR code tickets
    Read More

Highlighted Content