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Masabi

www.masabi.com link_icon

Company Research Report: Masabi



Company Overview



  • Name: Masabi Ltd (& LLC)

  • Mission: Transforming fare payments with enterprise-ready, open platform solutions. Masabi aims to make Mobility-as-a-Service (MaaS) a reality by empowering reliable, scalable, and flexible fare collection systems for transit agencies worldwide.

  • Founded: No specific information on the founding year in the provided data, but Masabi launched its first UK mobile ticketing application with Chiltern Railways in 2007.

  • Founded By: No information is available

  • Key People:

  • Brian Zanghi, CEO

  • David Block-Schachter, Chief Business Officer

  • Headquarters: Offices in New York, USA; London, UK; Cluj, Romania; Denver, USA.

  • Number of Employees: No information is available

  • Revenue: No information is available

  • Known For: Masabi is known for Fare Payments-as-a-Service, pioneering open architecture in fare payment solutions, enabling Account-Based Ticketing, Mobile Ticketing, and modular ticketing solutions.


Products



Justride Platform


  • Description: Justride is an enterprise-grade, cloud-native, and contactless ticketing platform revolutionizing fare payments. It offers a seamless, interconnected transit experience supporting multiple modes of public transport ticketing.

  • Key Features:

  • Account-Based Ticketing (ABT): Supports Pay As You Go (PAYG) and pre-purchased fares.

  • Mobile Ticketing: Allows purchasing, storing, and validating tickets via smartphones.

  • Open Payments: Contactless bank cards, mobile wallets, or wearables for fast travel.

  • Smart Cards: Supports smart cards and barcodes, offering fare capping and flexible management.

  • Platform Integration: Advanced APIs and SDKs for easy third-party integration and operation.

  • Modular and Scalable: Adaptable for various agency sizes and needs, reducing operational costs.


Recent Developments



Recent Initiatives and Partner Integrations


  • Knoxville Area Transit: Launched an Account-Based Ticketing system with fare capping features ensuring cost-effective transit experiences.

  • Madison's Metro Transit: Implemented a Tap to Ride Account-Based Ticketing system coinciding with the Bus Rapid Transit service launch.

  • V/Line, Australia: Masabi delivered an eTicketing solution for V/Line Rail Network, improving passenger ticket accessibility.

  • Central Ohio Transit: Made mobile tickets available through Google Wallet, facilitating seamless ticketing access.


New Features and Partnerships


  • Fare Capping Technology: Implemented to ensure riders receive the lowest fare based on usage, improving fare equity.

  • Contactless Ticketing Innovations: Continued expansion into new markets like Europe and Australia, showcasing the versatility of Masabi's solutions.

  • Vendor and Partner Collaborations: Broadening integrations with existing fare collection systems to improve the rider experience and operational efficiencies for agencies.


Conclusion



Masabi continues to spearhead innovations in public transport fare payments with its advanced Justride platform. Through strategic partnerships and innovative product offerings, it is setting new standards in transit technology worldwide. The company remains focused on optimizing the passenger experience by providing flexible, scalable, and cost-effective solutions for transit agencies.