HopOn acquires Germany's TAFmobile to continue European expansion

HopOn Mobility Ltd. is the new sole shareholder of TAF mobile GmbH. In this cross-border M&A transaction.

TAF mobile GmbH will continue to offer software solutions focussing on the German public transport market in cooperation with public transport authorities and smart city organisations. With the entry of HopOn, the Jena-based company expands its product portfolio with an internationally proven Mobility as a Service (MaaS) platform.

Headquartered in Israel, HopOn Mobility Ltd. develops mobility, ticketing and BigData solutions, for the public transport of the future. MaaS services on HopOn’s platform offer postpaid and account-based billing and best-price models. Cloud-based technologies provide companies with analytics tools with real-time data on number of passengers or journeys.