Paragon ID: Paragon ID acquires UrbanThings, provider of digital solutions for public transport in the United Kingdom – 06/28/2022 at 17:40


Paragon ID (Euronext Paris – FR0013318813 – PID)

European leader in identification solutions dedicated to the e-ID, Transport & Smart Cities, Traceability & Brand Protection and Payment markets, is pleased to announce the acquisition of 100% of the capital of the UrbanThings company, provider of digital solutions for public transport, based in the United Kingdom.

UrbanThings publishes digital transport tickets and provides digital mobility information dedicated to users, and also offers payment and analysis solutions to public transport operators across the Channel.

UrbanThings, a leading provider of digital mobility and ticketing solutions for UK public transport operators

Based in London, UrbanThings is a software publisher that has developed one of the main digital public transport applications in the United Kingdom, called Bus Checker. Launched in 2012, this platform provides information (schedules, routes, etc.) in real time to bus passengers. It is one of the UK’s leading mobility apps with over 2 million downloads.

The company has developed a central platform to provide a mobile and web ticketing offer and to analyze the data to transmit it to public transport operators. This platform allows users to plan and pay for their journeys, while having access to various modules such as vehicle tracking, journey analysis (origin-destination). It also makes it possible to share revenues between the different operators.

Transport for London, Thameslink, Transport for Wales (TrawsCymru), Newport Bus and Ipswich Buses are among UrbanThings customers.

A complementary offer to that of Paragon ID and a strengthening of the Group’s presence in the public transport market in the United Kingdom

Paragon ID is a global leader in providing smart ticketing solutions. In recent years, the company’s offer has been extended to mobile and web ticketing solutions through its French subsidiary, airweb. Paragon ID and airweb recently launched Open ABT

,

the most complete integrated intelligent ticketing platform on the market, including payment by the EMV (Europay Mastercard Visa) protocol.

The UrbanThings and Open ABT platforms are perfectly complementary: UrbanThings initially focused on traveler information, while airweb specialized in mobile and web ticketing solutions, with more than 80 deployments in France and around the world. The acquisition of UrbanThings will significantly strengthen the Open ABT integrated solution with a complete digital platform that can meet the growing demand for “Mobility as a Service”.

[1]

(MaaS).

The platform, developed by a strong team of multidisciplinary developers, benefits from modules that will facilitate integration with many partners in the mobility world in order to offer integrated solutions including travel planning, payment, etc.

The Open ABT platform is currently experiencing rapid growth in the EMEA region (Europe Middle East & Africa – Europe, Middle East & Africa). UrbanThings’ contribution will accelerate its commercial development in the United Kingdom and other English-speaking markets where Paragon ID already has a strong presence, particularly in the United States and Australia. UrbanThings also brings new functionalities specific to the urban mobility market, such as real-time transport data or the integration of contactless transport cards.

Clem Garvey, Managing Director of Paragon ID, says:

“Travellers are increasingly favoring mobile ticketing solutions and payment by contactless bank cards for access to public transport systems. Paragon ID has experienced tremendous growth in this market over the past two years and the acquisition of UrbanThings is part of this trajectory. Their offer perfectly complements that of our subsidiary airweb, leader in the dematerialized sale of transport tickets, and is at the heart of our development plan on the transport markets in common and mobility in smart cities.

The acquisition of UrbanThings will allow us to increase our market share in the United Kingdom, but also in North America and Australia, in line with our strategy to become the preferred ticketing and MaaS partner in these key countries. . We are therefore delighted to welcome the UrbanThings team to the Paragon ID family. ”

Carl Partridge, Founder & CEO of UrbanThings, comments:

“More than ever, cities and urban transport operators must make mobility services simple, efficient and sustainable for everyone. Since 2012, we have been creating technological solutions to offer mobility as a service (MaaS) and achieve this ambition Paragon ID represents an opportunity for our technologies and our team, with significant synergies and complementary products, so that we can provide a complete and integrated solution to accelerate the deployment of Account-Based-Ticketing solutions. to a customer account) and MaaS for the global market.

We are delighted to join the Paragon ID family and this combination will allow us to pursue our growth ambitions in the national and international market, pursuing the objective of simplifying travel for all.”


About UrbanThings


UrbanThings is a UK-based technology company that provides cities, local authorities and public transport operators with a smart transport platform for mobile ticketing and reservations, live vehicle tracking and in-depth traffic analytics. passenger movements.

UrbanThings technologies thus enable more than 130 million passenger journeys per year. The company is also the developer of the BusChecker application, used by millions of people around the world.

For more information about UrbanThings, visit Urbanthings.co.


About Paragon ID


Paragon ID is a champion of identification solutions dedicated to the e-ID, Transport & Smart Cities, Traceability & Brand Protection, and Payment markets. Paragon ID employs nearly 650 people and has production sites located in the United States and Europe, close to its customers.

Listed on Euronext Paris (Euronext Paris – Name: Paragon ID – ISIN code: FR0013318813 – Mnemonic code: PID), Paragon ID’s reference shareholder is Paragon Group, a leading supplier in the fields of commercial communication, identification solutions and graphics services. Paragon Group achieved a turnover of €1.5 billion and employs more than 9,000 people. Paragon Group combines its many years of experience with the latest innovations in technology and smart data to enable fast and relevant interactions between organizations and their customers. More information: Paragon-europe.com.

More information on Paragon-id.com.

contacts

Paragon ID


Clem Garvey

General director

Such. : +33 (0)2 48 81 61 00

[email protected]

NEWS finance & communication

Investor relations


Mathieu Omnes

Such. : +33 (0)1 53 67 36 92

[email protected]

NEWS finance & communication

Press relation


Fatou-Kine N’Diaye

Such. : +33 (0)1 53 67 36 34

[email protected]




[1]

“Mobility as a service”, more commonly known as MaaS, allows its users to plan, book and pay for an intermodal journey on the same digital platform.


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