Masabi secures US$12m to develop mobile ticketing

Mobile ticketing specialist Masabi has secured investment from MasterCard, Lepe Partners, MMC Ventures and public transport operator Keolis amounting to US$12m. “MasterCard and Masabi are working together to help drive cash and its associated costs out of public transport including integrating the one-touch MasterPass digital wallet platform into JustRide,” Masabi says.