Masabi is a pioneering company in the public transport sector, providing Fare Payments as a Service (FPaaS) to over 80 public transport agencies and operators worldwide. The company focuses on modernizing fare collection systems by replacing outdated and costly bespoke (custom-made) technology with innovative, efficient, and cost-effective solutions.

Masabi's primary product is a mobile ticketing platform that allows transit agencies and operators to offer branded and regional mobile apps for ticket purchases. These apps can be deployed in just a few days, making it a quick and efficient solution for public transport providers. Additionally, Masabi integrates its ticketing system into third-party apps, enabling Mobility as a Service (MaaS). This means that users can plan their journeys and purchase tickets through popular apps like Uber, enhancing convenience and accessibility.

The company serves a diverse range of clients, including large metropolitan transit systems like Calgary Transit and St. Louis Metro Transit, as well as regional operators across Ohio and Kentucky. By offering a modular system, Masabi allows agencies to either deploy a complete fare collection system or select specific modules that meet their needs.

Masabi operates in the global public transport market, targeting transit agencies and operators of all sizes. Its business model revolves around providing FPaaS, which includes mobile ticketing solutions and integration with third-party apps. The company generates revenue through service fees charged to transit agencies and operators for using its platform and solutions.

In summary, Masabi is transforming the public transport fare collection landscape by offering innovative, efficient, and cost-effective mobile ticketing solutions. Its ability to integrate with third-party apps and provide quick deployment makes it a leading player in the market.

Keywords: Mobile Ticketing, Public Transport, Fare Payments, FPaaS, Transit Agencies, Operators, MaaS, Integration, Cost-Effective, Innovation.