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

 

With Hunters & Collectors: The Rolling Stones Announce New Auckland Date

It’s the news New Zealand has been waiting for. The Rolling Stones today confirmed the rescheduled dates and venues for both the Australian and New Zealand legs of their highly anticipated ’14 On Fire’ tour. Now, Frontier Touring is also delighted ... More>>

ALSO:

Flying Things: Conchords, Pretties Help BATS Fly Home

The launch of BATS theatre’s fundraising campaign has taken off – with a bit of help from their friends. And with friends like theirs… An event last night hosted by Te Radar at Wellington’s latest waterfront venue, Shed 6, featured Fly My Pretties and, in a dream-come-true scenario, Flight of the Conchords. More>>

ALSO:

Environment: Zoo’s Own Wētā Workshop Produces Rare Giants For Release

Following unprecedented breeding and rearing success, Auckland Zoo is today releasing 150 of New Zealand’s largest giant wētā, the wētā punga, onto pest-free Motuora Island in the Hauraki Gulf. A further 150 will be released onto Tiritiri Matangi next month. More>>

Girls On Film: Divergent Hits The Big Screen

n January, Catching Fire (the second film in the Hunger Games series) not only became the biggest US box office success of 2013 : it also became the first film starring a female actor (ie. Jennifer Lawrence) to top the annual domestic earnings chart since The Exorcist, 40 years ago. More>>

ALSO:

Wellington.Scoop: No Travel Sanctions For Russian Billionaire’s Superyacht

On the same day that New Zealand announced travel sanctions against selected Russians, a Russian billionaire’s superyacht berthed in Wellington Harbour. More>>

ALSO:

Mental Health: UC Researchers Believe Robots Can Persuade People To Conform

A team of University of Canterbury (UC) researchers and scientists believe robots can persuade people to conform through group pressure... ``Our results showed that robots can induce conformity but to a significantly lesser degree than humans." More>>

NZ On Air: Local Content Holds Steady At 32% Of Television Schedules

Since 1989 NZ On Air has measured local free-to-air television content. The report compares the schedules of the six national free-to-air channels, to observe trends and changes in the local content landscape. More>>

Arts Fest: 2014 New Zealand Festival A Spectacular Celebration

The New Zealand Festival welcomed the world to Wellington over 24 days (21 Feb – 16 Mar) of arts events across the city. “[current figures show] slight increase on the 110,000 tickets issued in 2012. It’s a great result.” More>>

Opera: Happy 70th Birthday Dame Kiri Te Kanawa

Our first lady of song who “feels more like at 15 year old” will celebrate her significant birthday on stage at Covent Garden tomorrow night (Friday morning NZT), performing in the Royal Opera House’s production of La fille du régiment (The Daughter of the Regiment) as La Duchess de Crackentorp. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
Culture
Search Scoop  
 
 
Powered by Vodafone
NZ independent news