Article Highlights

Key Takeaway:

The CEO of France-based ticketing and fare-payments provider Flowbird said the company will continue to pursue business in California for its open-loop technology despite not being selected for an open-loop contract by the state of California, Bertrand Barthelemy told Mobility Payments. At least two other vendors excluded from the contract say they will do the same.

Key Data:

Flowbird, formerly Parkeon, generated €300 million (US$358.9 million) in revenue in 2020, providing payments and ticketing technology mainly for parking and closed- and open-loop fare collection projects. It has supplied open-loop technology to transit agencies in France, the UK, Ireland and Canada, and clearly wants to expand its open-loop business in the U.S.

Organizations Mentioned:

Flowbird
Scheidt & Bachmann

The CEO of France-based ticketing and fare-payments provider Flowbird said the company will continue to pursue business in California for its open-loop technology despite not being selected for an open-loop contract by the state of California.

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