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FAIRTIQ

Travel by public transport with one swipe. #MobilePayAsYouGo #MPAYG #DigitalPAYG #DPAYG

Founded 2016 Switzerland Bern, Switzerland 123 employees Grant Mobile, Transportation

General Information

Company Name FAIRTIQ
Founded Year 2016
Location Switzerland Bern, Switzerland +6
Employees 123
Industries Mobile, Transportation
Funding Stage Grant

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About FAIRTIQ

FAIRTIQ is an innovative mobile ticketing system that simplifies public transport for travelers. The app allows users to check-in and check-out easily, eliminating the need to buy tickets from the driver or at a ticket vending machine. At the end of the journey, users are charged the lowest possible price for the actual journey undertaken, regardless of its complexity or the number of operators involved. Founded in 2016 and headquartered in Switzerland, FAIRTIQ's solution has garnered high customer satisfaction and offers a cost-effective, efficient option for transport companies of any size.

The app utilizes artificial intelligence-based algorithms developed from extensive experience in public transport and ticketing, ensuring accuracy and reliability. With availability on both Apple iOS and Android, the app can be swiftly deployed without requiring on-vehicle or on-station equipment. The latest investment, a grant, was secured on 10th May 2023 from Innosuisse, affirming investor confidence in FAIRTIQ's potential to reshape the public transport experience.

Taxonomy: SmartMobileTicketing, MPAYG, FAIRTIQ, MobileTicketing, PublicTransport, TicketingSystem, ArtificialIntelligence, Algorithms, TransportCompanies, AppleiOS, Android, PostPaymentSolution, Mobility, DataAnalysis, GlobalTicketing

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Grant •••••• 1
Investor
10 May 2023
Series A •••••• - 20 Aug 2021
Series A •••••• - 24 Aug 2020
Seed Round •••••• 1 •••• •••• 14 Mar 2018

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FAQ About FAIRTIQ

Travel by public transport with one swipe. #MobilePayAsYouGo #MPAYG #DigitalPAYG #DPAYG
FAIRTIQ was founded in 2016.
FAIRTIQ is headquartered in Bern, Switzerland.
FAIRTIQ operates in the following industries: Mobile, Transportation.
FAIRTIQ has approximately 123 employees.
FAIRTIQ has completed 4 funding rounds. The latest funding stage is Grant.
Top alternatives and competitors to FAIRTIQ include Mood: Music of our desire, TICKEY, FARA AS, Teroplan S.A., THEOREMUS. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
FAIRTIQ and Mood: Music of our desire are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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