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.
Q&A
- What is JiFleet's primary business?
- JiFleet provides a hardware-free and card-free fuel payment, management, and financing solution for fleets, integrating with fleet management platforms.
- When was JiFleet founded?
- JiFleet was founded in November 2016.
- What is the current status of JiFleet?
- JiFleet is currently inactive, having ceased operations in January 2021.
- How does JiFleet's solution work?
- JiFleet uses real-time telematics data to identify vehicles and drivers, validating fuel consumption and evaluating transaction risk, eliminating the need for physical fuel cards or additional hardware.
- What is JiFleet's primary sector?
- JiFleet's primary sector is Fintech & Insurtech.
- Does JiFleet hold any patents?
- Yes, JiFleet holds one patent.
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External links
| linkedin.com/company/10684712 |
Identifiers & details
| Former names | Jidoka Payment Solutions |
|---|---|
| Founded | 2016-11 |
| Offices | Lachish |
| Status reason | Non Active, Jan 2021 ceased to operate |