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Reading: Masabi receives Shell investment for growth
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routeone > Suppliers > Masabi receives Shell investment for growth
Suppliers

Masabi receives Shell investment for growth

routeone Team
Published: 12 February 2020
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Fare Payment as a Service provider Masabi has finalised an investment from Shell. It says the deal will help to support global growth of the Justride platform.

Masabi currently processes more than $1bn in annual transport ticketing sales.

It continues to add features and functionality to the Justride platform. In its latest iteration it allows passengers to tap a bank card, phone or smartcard to ride.

Shell says the reason for its investment is a recognition of a need to transition car drivers to becoming public transport users.

www.masabi.com

 

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