Easy Taxi has announced it has secured USD 40m in Series D funding led by the Russian Phenomen Ventures with participation of Tengelmann Ventures.
Dennis Wang, co-CEO at Easy Taxi: “We are very proud to have secured this new round of funding, which will allow us to continue our growth trajectory in existing markets, advance our technology, scale our operations and improve our service towards more audiences and geographies. In particular, the expertise of our new investors aligns with our ambition to further increase our market share in Asia and consolidate our leadership in Latin America.”
“In the last year we were able to add over 150,000 drivers to our network, bringing it now to around 185,000. We complete millions of rides per month across 160+ cities in 30+ countries worldwide, and the additional funding will enable us to continue working towards our mission of making the traditional taxi industry function in a much more convenient and safe way than it ever has,” says Tallis Gomes, co-CEO.
Whitepapers
Related reading
The latest issue of Payments [R]Evolution magazine is here
The industry-leading magazine is available to download now.
Dimebox CEO Raymundo Leefmans: “Bringing value to merchants is more important than just processing transactions from A to B.”
"Big players and traditional acquirers are struggling to get out of the commodity corner, to the point of providing agile services that allow them to be omni-channel and data-centric. That is what we provide, an opportunity to fulfill those goals."
Currencycloud secures a $25m investment from Google
The funding round totalled $61m, and will used to finance the company's global expansion plans.
Wirex, Paytm are latest digital payments companies to complete funding rounds
Monzo also revealed its latest funding round last week.
