Mobile City
Service that allows people to pay for parking using their mobile phones.
| EUR | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Based in Saarbrücken, Germany, Mobile City GmbH was established in 2005 as a financial technology company specializing in mobility services. The firm developed and operated a versatile payment and transaction platform tailored for the evolving needs of urban and mobile consumers.
The core of Mobile City's business was a modular, cloud-based transaction platform designed to process payments for a variety of mobility-related services. This system was engineered to handle mobile and stationary payment transactions by integrating mobility, time, location, and consumption data with adaptable tariff models. The company's primary offerings included software solutions that enabled users to pay for parking via mobile applications and resolve parking tickets through text messages. Beyond parking, the business extended its e-commerce capabilities to the sale of tickets for public events such as sports, concerts, fairs, and amusement parks. Its client base spanned several European countries, including Germany, France, Austria, and Sweden.
The platform provided multiple access points for its services, ensuring user convenience and flexibility. These included white-label websites, smartphone apps, RFID cards, NFC chips, QR codes, SMS, and connected car systems. This multi-channel approach allowed for broad applicability and integration with various existing and emerging technologies. The company's business model focused on facilitating complex clearing and settlement processes for these transactions. Throughout its history, Mobile City secured investments from firms such as Beaufort Capital, HeidelbergCapital Asset Management, and b2venture. In 2017, the company was acquired by and merged into EasyPark Group, leading to the cessation of Mobile City GmbH as a separate entity.
Keywords: mobile payments, parking solutions, transaction platform, fintech, mobility services, e-commerce software, ticketing platform, connected car solutions, payment processing, smart mobility, RFID payments, NFC payments, QR code payments, SMS payments, EasyPark Group, parking technology, digital ticketing, urban mobility