London & Helsinki - July, 22nd 2020 - Masabi, the company bringing Fare Payments-as-a-Service to public transport and Kyyti, a leading innovator in the area of demand responsive services and Mobility-as-a-Service (MaaS), today announced that they have formed a partnership to provide best-of-breed MaaS applications to transport authorities, agencies and operators around the globe.
The two companies will deliver seamless first/last mile journeys for users by combining Kyyti’s white label MaaS applications, which provide shared private mobility and demand responsive services, journey planning and payment, with in-app transit ticketing powered by Masabi’s Justride SDK, allowing customers to buy tickets anytime, anywhere in Kyyti’s apps.
Both companies are Mobility as a Service pioneers and their combined expertise will help revolutionize the transit experience for users around the globe, helping people to leave their cars at home and ride public/private shared mobility options. The first joint deployment will be live in the next few months, with further deployments set to go live during 2020/21.
“We are thrilled to be partnering with Masabi to help make MaaS a reality by facilitating full first/last mile journeys,” said Pekka Möttö, CEO of Kyyti. “We believe in making everyday commuting more convenient and more sustainable for riders around the world. Working with Masabi allows us to offer passenger information alongside seamless mobile ticketing, all within one app, which we think is key to encouraging more people to use public transit services.”
“At Masabi, our goal has always been to revolutionize public transit, making the rider experience as easy and intuitive as possible. We look forward to working with Kyyti to enable Practical Mobility-as-a-Service and improve the accessibility and discoverability of public transport services around the world.” said Brian Zanghi CEO of Masabi.
Masabi is bringing Fare Payments-as-a-Service, a new and better way of delivering fare payments, to public transport authorities and operators of all sizes around the globe. This enables operators to receive the latest fare payment innovations quickly, using a platform which is constantly updating and adding new features. Not only does this improve the journey experience for passengers, but it helps operators keep up with the pace of technology change, while reducing the total cost of fare collection. With over 80 operators of all sizes across 11 countries signed up, Masabi’s Justride is the world’s leading fare payments platform. Masabi has offices in New York, Denver, London, and Cluj, and investors include Mastercard, Shell, and Keolis. For more information, visit www.masabi.com.
Kyyti Group offers a Mobility as a Service (MaaS) and Demand Responsive Transport (DRT) platform for enabling user-friendly access to sustainable and intermodal mobility. Kyyti plans, designs and deploys customer branded turnkey solutions for municipalities, public transport authorities, transport operators and large employers. At the core of Kyyti Group's technology is an advanced trip planner capable of creating trip chains connecting traditional fixed route transit to on-demand and shared modes for a true door-to-door experience. In addition to providing the trip planning and ticketing solution for the largest inter-city bus operator in Finland, Kyyti Group has deployed its technology to solve mobility challenges in several European countries and US states. Based in Helsinki, Finland, Kyyti Group has been developing smart mobility solutions since 2015.