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.

Subscription Required

This premium content is only available to subscribers

Article has about992words.

To keep reading, subscribe today

Get access to premium content from the only global publication devoted exclusively to mobility payments by subscribing today to the most authoritative source for news and analysis in the industry.

Already a member? Log in here