Amsterdam-based Figo Mobility, a fintech that simplifies mobility administration and journey bills for employers, secures an funding from Edgar Verschuur, former World Head of Funds at Adyen.
Verschuur joins the Figo crew as an investor and can help the corporate’s subsequent part of development as a strategic advisor.
With over ten years of expertise in world fee options at Adyen, he has deep data in funds and fintech, which helps Figo’s purpose of simplifying journey and expense administration to develop into the highest platform.
“Companies want to supply versatile mobility options for his or her workers within the present local weather, whereas staying answerable for their prices and sustainability aims. Figo has a powerful crew that solves tangible issues for his or her clients every single day, and has demonstrated strong buyer momentum via their fashionable platform and impactful partnerships. Subsequent to this, they profit from the worldwide development the place mobility funds are transferring from closed to open-loop networks,” says Edgar Verschuur.
Figo Mobility: Simplifies mobility administration and journey bills
Based by Joost Pompe, Figo Mobility is an internet platform for renting mobility.
The platform offers an all-in-one resolution for shared mobility and public transport via the Figo TravelCard.
“The expertise of labor journey is fragmented. Whether or not it’s the day by day commute by public transport, a buyer go to with a taxi or shared automotive, or a convention overseas by airplane or prepare, workers typically lack seamless entry to probably the most environment friendly journey choice that matches their allotted finances and schedule. Figo stands for Discover & Go,” says Figo founder Joost Pompe.
As employers face rising prices from versatile mobility budgets, workers now anticipate the liberty to decide on how they journey, transferring away from the standard lease automotive or public transport card.
This alteration provides complexity for organisations, making what was as soon as a easy reimbursement course of troublesome for finance and HR groups to handle.
Figo helps main corporations like YoungCapital, Reserving.com, and Adyen navigate this problem.
“Public transport subscriptions are usually set and forgotten, whereas incidental journey is usually booked via private accounts, company playing cards, or guide expense flows. This leads to low visibility for employers into precise utilization, budgets, and ecological influence. We’re past
excited that Edgar is becoming a member of the Figo journey since he brings a useful quantity of data, expertise and community to the crew. Throughout our first assembly, we observed a powerful match on product imaginative and prescient and tradition, and are glad to work collectively on this subsequent essential part of development,” provides Pompe.
