Masabi, developer of mobile ticketing and fare collection for transportation, announced a $12 million funding round with investment from leading international public transport operator Keolis, Lepe Partners, MasterCard, and existing investor MMC Ventures. This latest round, including corporate partners for the first time, marks a step change in Masabi’s growth and speed to market, according to the company.
Masabi’s JustRide platform is a cloud-based, end-to-end mobile ticketing and fare collection system, in use in cities worldwide. It comprises award-winning apps for ticket purchase, display and inspection, together with back-end infrastructure for secure payments, ticket management, ticket inspection, customer service, reporting and real-time analytics.
Ad Loading...
Masabi works with more than 22 transport operators and agencies around the world, including: Virgin Trains, Abellio, Thames Clippers, New Orleans RTA, Boston’s MBTA, Las Vegas, Transport for Athens, and New York’s MTA.
Today’s announcement builds on strategic partnerships with MasterCard and Keolis. MasterCard and Masabi are working together to help drive cash and its associated costs out of public transport including integrating the one-touch MasterPass digital wallet platform into JustRide. Keolis is working to include Masabi’s mobile ticketing into its integrated digital offering, dedicated to delivering a new passenger experience.
Masabi’s technology revolutionizes the customer experience across all modes of transport, freeing passengers from waiting in line for a ticket or scrambling for cash when paying for their fare, according to a company statement. For cities and transport operators it significantly reduces the cost of fare collection, removing the need for costly hardware and ticket media. At the same time integrated big-data analysis and visualization tools present agency activity via a user-friendly graphical interface, allowing them to better plan, manage and optimize their services.
METRO’s People Movement highlights the latest leadership changes, promotions, and personnel news across the public transit, motorcoach, and people mobility sectors.
BART began offering select parking lots to non-BART riders to generate new revenue to help address its FY27 $376M operating budget deficit brought on by remote work.
Drawing on decades of industry experience, Evans-Benson offered insights into the differences between the two, along with tips for better customer engagement and more.
The renewals include continued operations at Fort Lauderdale-Hollywood International Airport in Florida; the PRTC in Virginia; and RTC Washoe in Nevada.
The governor’s proposed auto insurance reforms could save the agency $48 million annually by limiting payouts in crashes where buses are not primarily at fault.
What truly drives the cost of a paratransit fleet? Beyond the purchase price, seven operational factors quietly determine maintenance frequency, downtime, and long-term service reliability. This whitepaper explores how these factors shape lifecycle cost and what agencies should evaluate when selecting paratransit vehicles.
In this conversation, TBC’s Executive Director Ed Redfern, President Corey Aldridge, and Washington Representative Joel Rubin outline the coalition’s key policy priorities, the challenges facing transit agencies, and how industry stakeholders can work together to strengthen the voice of bus transit at the federal level.
Amanda Wanke, who has worked at DART for 10 years, including the past 2½ years as CEO, will join Metro Transit as deputy chief operating officer, operations administration.
