JiFleet

Company Overview

Snapshot

Founded in November 2016 by Tzahi Shneider and Zohar Sherman, JiFleet operates with 1–10 employees. The company is currently in a Pre-Funding stage. In January 2019, JiFleet participated in the Ford Make It Driveable Challenge.

Business overview

JiFleet offers a hardware-free and card-free fuel payment, management, and financing solution designed for integration with fleet management platforms. The company leverages real-time telematics data for vehicle and driver identification, enhancing risk management prior to fuel transaction authorization. By validating fuel consumption and assessing transaction risk through vehicle data, driver identification, and fleet management information, JiFleet has developed a financing platform for fuel and vehicle-related services. This platform utilizes money wiring to eliminate physical fuel cards and additional hardware, reducing payment processing costs and enabling new credit providers like leasing companies, insurance companies, and banks to finance fuel for commercial fleets. JiFleet operates within the Fintech & Insurtech sector, serving the automotive and transportation industries.

Strategic signal

In January 2019, JiFleet participated in the Ford Make It Driveable Challenge. This event signaled early validation of its telematics-based fuel payment solution within the automotive and mobility sector, demonstrating its potential for integration with established industry players and addressing critical needs in fleet management and financial services.

Company Intelligence Q&A

What is JiFleet's primary offering?

JiFleet provides a hardware-free and card-free fuel payment, management, and financing solution that integrates with fleet management platforms.

When was JiFleet founded and by whom?

JiFleet was founded in November 2016 by Tzahi Shneider and Zohar Sherman.

What technology does JiFleet utilize for its solution?

JiFleet uses real-time telematics data to identify vehicles and drivers, manage risk, and validate fuel transactions.

What was a notable event for JiFleet in early 2019?

In January 2019, JiFleet participated in the Ford Make It Driveable Challenge, an event that provided early validation for its telematics-based fuel payment solution within the automotive and mobility sector.

How does JiFleet's solution impact payment processing for fleets?

JiFleet's solution, based on money wiring, eliminates the need for physical fuel cards or additional hardware, thereby reducing payment processing costs for commercial fleets.