‘Ubirider Secures .95 Million in Seed Funding’

Porto, Portugal-based fintech company Ubirider announced that it has secured .95 million in Seed funding. The round was led by Techtree Investments and Cedrus R&D III, with existing investor Grupo Barraqueiro also participating, along with angel investors Jose Santos from the United States and Andrés Alcalá from Colombia.

Ubirider plans to use the funds to support its international growth and expand its product development and marketing teams. Led by CEO and Founder Paulo Ferreira dos Santos, Ubirider offers the Ubirider Platform, a digital mobility-as-a-service (MaaS) platform that caters to the needs of travelers, commuters, and mobility operators. The platform includes both mobile and web components and helps users navigate various modes of transportation, from buses and ferries to carsharing and micro-mobility.

In addition, Ubirider has established partnerships with Mastercard, Deloitte, PayShop, and Viva.com to further enhance its offerings. This funding round marks a significant milestone for Ubirider as it continues to innovate and expand its presence in the mobility space.