This article is more than 10 years old

Masabi raises $4m and moves into NFC

Masabi

London-based mobile ticketing specialist Masabi has raised US$4m in Series B funding from M8 Capital to support a move into NFC and expansion to the US.

Many UK rail passengers now use the company’s barcode-based ‘Ticket Machine in Your Pocket’ application to purchase and display tickets on their handsets. Masabi’s CEO Ben Whitaker commented, “We have received overwhelmingly positive feedback from consumers using our m-ticketing solutions, proving that mobile phones can revolutionise the way we travel.”

A video shows how Masabi’s 2D barcode app works:

Next: Get your free registration to Contactless World Congress, a new kind of event for a new kind of world.