MaaS Global, the Finish mobility-as-a-service platform and the company behind the Whim app has acquired Spanish mobility startup Wondo. As part of the transaction, Wondo invester Ferrovial will become one of the shareholders of the new company.
The Whim app allows users to book and pay for all their journeys using both public and private sector operators either one trip at a time or with a monthly subscription. With over 16 million trips made since its launch in November 2017, Whim is widely seen as a pioneer of a commercially available all-inclusive MaaS solution. Whim is currently live in several European and Asian markets and preparing for new launches.
“The acquisition of Wondo enables us to rapidly expand to new markets and increase our B2B and B2C service offering, which is crucial in the rapidly-evolving MaaS market. MaaS needs critical mass and requires volume and gravity. This transaction is a prime example that the consolidation of the MaaS industry is now taking place, and we intend to continue playing an active role in it” says Sampo Hietanen, CEO and Founder of MaaS Global.
Wondo provides integrated access to multiple modes of transportation. “Given our shared DNA, we are thrilled to join forces with the MaaS Global team to contribute to the creation of the leading global MaaS platform. We complement each other’s geographical reach and service offering and have a similar vision on the future developments of the MaaS sector,” says Ion Cuervas-Mons, CEO of Wondo.
Wondo has historically been backed by Ferrovial, the Spanish-based multinational focused on transport infrastructure and urban services. As part of the transaction, Ferrovial becomes one of MaaS Global’s strategic investors.
“Ferrovial is very pleased to join forces with MaaS Global to develop a winning value-added proposition in the mobility-as-a-service space. This is another step in the strategy of the company to be at the centre of the changes that are transforming the shape of urban mobility”, says Andres Camacho Donezar, Director of Mobility at Ferrovial.