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

 

Kiwi Pride: Accolades For Film About Man Who Falls In Love With A Stick

A short animated film written and directed by New Zealand born Matthew Darragh has been selected for the Courts des îles, International Festival of Short Fiction Films. More>>

ALSO:

Anniversaries: Vivid Memories Four Years After Christchurch Quake

Four years ago, an earthquake that would change the lives of thousands shook Christchurch at 12.51 p.m. More>>

ALSO:

Environment 'n' Conservation: Slash Meets Tāne The Tuatara

Rock and Roll superstar and former Guns 'n' Roses guitarist Slash visited Zealandia Ecosanctuary along with collaborating band Myles Kennedy and the Conspirators. More>>

Foo Fighters: Exclusive Show In Support Of Music Foundation

Frontier Touring has today announced that the Foo Fighters will play a last minute intimate and exclusive benefit show at the Auckland Town Hall this Friday February 20 with all profits going to The New Zealand Music Foundation. More>>

ALSO:

Canterbury Quakes: Feedback Sought On Short-Listed Memorial Designs

Six short-listed designs for the Canterbury Earthquake Memorial have been released for public input... The Memorial will honour the victims of Canterbury’s earthquakes and acknowledge the suffering of all those who lived through them as well as the heroism of those who participated in the rescue and recovery operations. More>>

ALSO:

Celia Lashlie: Legacy Will Live On

Social justice advocate Celia Lashlie leaves a legacy that will continue to have a positive impact on the lives of New Zealanders for years to come, Labour Leader Andrew Little says. “Celia was a powerful voice for reason, sense and compassion. Her work, particularly with teenage boys, was ground-breaking." More>>

ALSO:

Obituary: Sad Farewell To PPTA Activist Robin Duff

Duff has been a long-time fixture of the association... Most recently Duff has been working hard to support Canterbury teachers through the quakes that devastated the region. More>>

ALSO:

Get More From Scoop

 
 

LATEST HEADLINES

 
 
 
 
Culture
Search Scoop  
 
 
Powered by Vodafone
NZ independent news