Masabi

Masabi is a global leader in fare payment solutions for public transport, specializing in a Fare Payments-as-a-Service model. Founded in 2001 and headquartered in London, the company has offices in New York, Denver, and Cluj, Romania. Masabi aims to modernize transit ticketing by replacing outdated fare collection systems with scalable and cost-effective solutions that enhance passenger experiences through mobile and contactless technologies. The company offers the Justride Mobility Platform, a SaaS-based fare collection system that supports mobile ticketing, account-based ticketing, and contactless payments. Masabi also integrates third-party mobility services into transit payment ecosystems, deploys multi-format scanning devices for contactless payments, and provides fare management tools for transit operators. With over 60 clients across four continents, Masabi serves a diverse range of public transit agencies, from large operators to local bus services. The company has raised $40.8 million in funding, attracting investors like Mastercard and Keolis.