Company Overview
Snapshot
Founded in October 2015 by Itamar Kaufman, PlaceIt operates with 1–10 employees. The company is currently in the Pre-Funding stage, focusing on developing its core technology.
Business overview
PlaceIt is developing a mobile-first platform designed to simplify public transportation payments. Its core technology allows users to upload existing smart transportation cards, such as London's Oyster card, onto their mobile devices, enabling tap-to-pay functionality. The solution is engineered for interoperability with current ticketing systems, providing users with a secure way to manage their transit profiles and charge them via major credit cards and online payment services like PayPal, Android Pay, and Visa. PlaceIt serves the public transportation and smart city sectors, operating within the Fintech & Insurtech industry.
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- What is PlaceIt's primary product?
- PlaceIt is developing a mobile platform that enables users to pay for public transit tickets using their mobile devices by uploading existing smart transportation cards. This allows for tap-to-pay functionality and secure management of transit profiles.
- When was PlaceIt founded?
- PlaceIt was founded in October 2015.
- Who is the founder of PlaceIt?
- Itamar Kaufman is a founder and CTO of PlaceIt.
- What markets does PlaceIt target?
- PlaceIt targets the public transportation and smart city markets, aiming to streamline payment processes for commuters.
- What is PlaceIt's current product development stage?
- PlaceIt is currently in the R&D stage for its product development, focusing on the core technology for its mobile-first platform.