PlaceIt

Public Transportation Payment Solution

Fintech & Insurtech
Non Active, Dec 2016
Pre-Funding Tel Aviv-Yafo, Israel Founded 2015
Last updated 2026-06-18
Total raised
—
Stage
Pre-Funding
Founded
2015
Headcount
4
HQ
Tel Aviv-Yafo, Israel
Sector
Fintech & Insurtech

About

PlaceIt has developed a groundbreaking platform which will allow users to easily pay for transit tickets using only their mobile devices. The users existing smart transportation card (e.g. Oyster in London) will be uploaded on to their mobile device. This allows the user to simply place their Mobile Device next to the reader, and PlaceIt handles the rest. This solution also has the benefit of being interoperable with existing Transport Ticketing systems. The user can intuitively view and manage the details to his Transit Profile, as well as charge his profile securely from his mobile device. The service will support major credit card and online payment services such as PayPal, Android Pay, Visa and more.

Q&A

What is PlaceIt's primary business?
PlaceIt is a public transportation payment solution that enables users to pay for transit tickets using their mobile devices by uploading existing smart transportation cards.
When was PlaceIt founded?
PlaceIt was founded in October 2015.
What is the current status of PlaceIt?
PlaceIt is currently inactive, with its status changed in December 2016.
What sector does PlaceIt primarily operate in?
PlaceIt's primary sector is Fintech & Insurtech.
What payment services does PlaceIt's solution support?
PlaceIt's solution supports major credit card and online payment services such as PayPal, Android Pay, and Visa.
What is PlaceIt's current funding stage?
PlaceIt is in the Pre-Funding stage.

Team · 1

Itamar Kaufman
Founder · Founder & CTO
LinkedIn ↗

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Platforms & InterfacesMobile
Target customers
Enterprise & Professional ServicesTranslation & Linguistic ServicesConsumersTransportation & Mobility
Business model
B2BB2G

Highlights

Verified

Tags

mobile-applicationsweb-platformpaymentsfintechmobile-paymentspublic-transportationsmart-city
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