Article Highlights

Key Takeaway:

MaaS Global, a pioneering mobility-as-a-service platform provider, is looking for a buyer, as it faces the prospect of running out of cash, Mobility Payments has learned. The Finland-based start-up has solicited offers from major mobility companies as well as new investors.

Key Data:

It hasn’t been the first cash crunch for MaaS Global. Last year, it reportedly faced a financial squeeze, with press reports saying it had burned through most of the €60 million in funding it had raised as of that time. In August 2021, the company got a much-needed infusion of €11 million.

Organizations Mentioned:

MaaS Global
Siemens Mobility
Cubic
Conduent

MaaS Global, a pioneering mobility-as-a-service platform provider, is looking for a buyer, as it faces the prospect of running out of cash, Mobility Payments has learned.

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