JiFleet

Telematics-based Fuel Payment and Management Solution for Fleets

Fintech & Insurtech
Non Active, Jan 2021 ceased to operate
Pre-Funding Zikhron Ya'akov Founded 2016
LinkedIn
Total raised
Stage
Pre-Funding
Founded
2016
Headcount
1-10
HQ
Zikhron Ya'akov
Sector
Fintech & Insurtech

About

JiFleet provides a hardware-free and card-free fuel payment, management, and financing solution designed to integrate with fleet management platforms. The company uses real-time telematics data to identify the vehicle and driver, providing improved risk management even before a fueling transaction is authorized. The vehicle data, driver identification, and other information (including any restrictions or limitations) from the fleet management platform are all used to validate the actual fuel consumed by the vehicle and to evaluate the transaction risk and exposure. JiFleet has created a financing platform for fuel and other vehicle-related services that is based on money wiring and eliminates the need for physical fuel cards or any additional hardware. Its solution reduces payment processing costs and allows new types of credit providers (e.g. leasing companies, insurance companies, and banks) to finance fuel for commercial fleets.

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Automotive & Mobility TechnologiesUrban MobilityAutonomous & ConnectedFintech & InsurtechMoney Transfer & Management
Technologies
SensingGeolocationPlatforms & InterfacesAPIArtificial IntelligenceImage Recognition
Target customers
Transportation & LogisticsTransportation InfrastructureLogisticsFinancial ServicesFinancial InstitutionsSettlements
Business model
B2B

Highlights

1 PatentsVerified

Tags

telematicsfinancial-institutionssaaspaymentsfintechenterprise-solutionsenterprise-softwareweb-platformanti-fraudmanagement-solutionsfinanceenterprisesfinancial-servicesenterprise-logisticselectric-vehiclesautomotivefuelstransportationmobile-paymentsfleet-managementsmart-mobility