PlaceIt

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 platform designed to simplify public transportation payments. Its core technology enables users to pay for transit tickets using their mobile devices by uploading existing smart transportation cards. The solution is engineered for interoperability with current ticketing systems, allowing users to manage their transit profiles and securely charge them via mobile, supporting major credit cards and online payment services. PlaceIt operates within the Fintech & Insurtech sector, targeting both B2B and B2G business models, with a focus on mobile payments and smart city solutions.

Company Intelligence Q&A

What is PlaceIt's primary focus?

PlaceIt is focused on developing a groundbreaking platform that allows users to pay for public transportation tickets using their mobile devices, integrating with existing smart transportation card systems.

When was PlaceIt founded?

PlaceIt was founded in October 2015.

Who is a key founder at PlaceIt?

Itamar Kaufman is a founder and the CTO of PlaceIt.

What technologies does PlaceIt leverage for payments?

PlaceIt's service supports major credit card and online payment services such as PayPal, Android Pay, and Visa for secure mobile charging.

What is the current product development stage for PlaceIt?

PlaceIt's product is currently in the R&D stage, as of May 2016, focusing on developing its core technology for mobile-based public transportation payments.