Masabi provides Fare Payments as a Service (FPaaS) for public transit, offering mobile ticketing and fare collection that agencies can deploy quickly. Its platform lets transit operators create branded mobile apps for ticket purchases or embed the system into third-party apps for MaaS integrations, enabling services like journey planning and ticket buys through popular apps (e.g., Uber). The product is modular, so agencies can deploy a full fare system or select specific components to fit their needs, serving clients from large metropolitan systems to regional operators worldwide. Revenue comes from service fees charged to transit agencies and operators. Masabi’s goal is to modernize and simplify fare collection by replacing old, bespoke technologies with scalable, cost-efficient, rapidly deployable solutions that improve accessibility and convenience for riders.
Company Size
201-500
Company Stage
Series C
Total Funding
$40.8M
Headquarters
London, United Kingdom
Founded
2001
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