Art & Entertainment | Book Reviews | Education | Entertainment Video | Health | Lifestyle | Sport | Sport Video | Search

 


Investors backing Zoomy to disrupt NZ taxi market

Prominent technology entrepreneur, Simon Clausen, is the latest investor to back the rapidly expanding Zoomy, the taxi hailing application which allows people to order, track, and now pay for their taxi – all from their smartphone.

Clausen co-founded and was CEO of PC Tools, before selling the company to Symantec (NASDAQ: SYMC) in 2008 in one of Australia’s largest technology acquisitions. He subsequently started his own investment company, Startive Ventures, in 2009 to invest in global technology companies, including the hugely successful Freelancer.com which debuted on the Australian Stock Exchange (ASX) in November last year.

Clausen’s investment company, Startive Ventures, has invested into Zoomy alongside Australian entrepreneur and early Googler Chris Bayley. Last year, Zoomy received funding from a group of local investors, including key personnel who were involved in the start-up of daily deal site, GrabOne.
“Zoomy has had an incredible start, becoming one of the most popular apps in New Zealand since its launch,” says Zoomy Co-Founder and Director James Fisk. “It’s a tribute to the success of the business that it’s attracted interest from the likes of Simon and Chris.”

“Our growth plans are very aggressive and will continue to disrupt the taxi industry on a number of fronts. We believe with the additional support from investors of this calibre we will be able to fast track the achievement of these goals and continue to evolve Zoomy’s opportunities.”

This week Zoomy has launched its revolutionary, locally built mobile payment solution, which enables customers to pay for their taxi ride through the app, a first in New Zealand.

“The launch of the mobile payment solution not only creates a New Zealand first but really closes the loop with Zoomy now providing a complete service to users,” says Fisk. “It offers another level of convenience to passengers, which will result in more fares for taxi drivers signed up with Zoomy.”

The mobile payment solution allows users to securely save and store multiple credit or debit cards to their Zoomy account, negating the need for manual swiping of a customer’s credit card. The system also features an inbuilt card scanner, allowing the user to quickly scan their card details without the need for manually inputting.

“Along with providing innovative ways of reducing friction within our app, we have also ensured the mobile payment solution is of benefit to taxi drivers with a quick 48 hour payment turnaround,” says Fisk. “Technology is at the core of our business and we aim to share this with our drivers so we are also going to be providing drivers with detailed reports and analysis of their jobs to assist them in running their businesses more effectively.”

Zoomy launched in November 2013 to great success, with over 11,000 downloads in the first month. The company is currently working on expansion plans, leveraging the technology and payments platform into other markets and applications.

ENDS

© Scoop Media

 
 
 
 
 
Culture Headlines | Health Headlines | Education Headlines

 

Game Review: Until Dawn - Pick Your Own Horrible Adventure

Supermassive Games’ Until Dawn sees a group of dumb sexy teenagers take a trip to a spooky mansion atop a mountain. It is, obviously, a horror game. However, the game is so ridiculous it turns out to be more of a comedy. More>>

John McBeth: Our World Cup All Blacks

Forty or fifty years ago nobody really had any idea of what the selectors had in mind. There were often several trials, which sometimes featured over 150 players, possibly an inter island match or a final trial, then we listened to the announcement of the team on radio. The players weren't flown into the capital for a parliamentary function... More>>

ALSO:

Game Review: Midsomer Murders Meets First Year Philosophy

Developed by The Chinese Room, Everybody's Gone to the Rapture sees the player exploring what appears to be a recently abandoned idyllic English village trying to figure out where everybody's gone. Spoiler: they've gone to the rapture. (On a serious note, this review contains plot spoilers.) More>>

Scoop Review Of Books: Clear Science

It was really after his move to Wellington, to Victoria University, that it became apparent that Sir Paul Cllaghan was much more than an eminent physicist... More>>

ALSO:

Francis Cook: Weekend SportzMania! All Blacks! Netball!

Sports were on all weekend. I normally don’t write about sports but with Richie McCaw tipped to be the next Prime Minister, and Colin Craig arguing sports are almost as important as politics, I thought “what better time to start!” More>>

ALSO:

Beervana: Aussie Pav Beer Declared Taste Of NZ

In a surprising upset, an Australian beer modelled on the pavlova, created by Brisbane brewery Newstead Brewing, the 250 Beers blog and Scratch Bar, has been announced the winner at the Beervana craft beer festival ‘Flag Brew’ competition, which challenged media and brewing teams to capture the distinctive taste of New Zealand. More>>

ALSO:

Get More From Scoop

 
 

LATEST HEADLINES

 
 
 
 
Culture
Search Scoop  
 
 
Powered by Vodafone
NZ independent news