Volkswagen has sold the cashless parking provider PayByPhone to US business payments company FLEETCOR Technologies.
Volkswagen Financial Services acquired PayByPhone from PayPoint in 2016 and has now decided to sell. The value of the acquistion was $300m (£245.6m) and and expects to realise about $50m in revenue next year. This was revealed during FLEETCOR Technologies Q3 earnings call on 9 November.
PayByPhone claims to have now over 6 million active monthly users who use its services...
+78% more
TransportXtra is part of Landor LINKS
© 2024 TransportXtra | Landor LINKS Ltd | All Rights Reserved
Subscriptions, Magazines & Online Access Enquires
[Frequently Asked Questions]
Email: subs.ltt@landor.co.uk | Tel: +44 (0) 20 7091 7959
Shop & Accounts Enquires
Email: accounts@landor.co.uk | Tel: +44 (0) 20 7091 7855
Advertising Sales & Recruitment Enquires
Email: daniel@landor.co.uk | Tel: +44 (0) 20 7091 7861
Events & Conference Enquires
Email: conferences@landor.co.uk | Tel: +44 (0) 20 7091 7865
Press Releases & Editorial Enquires
Email: info@transportxtra.com | Tel: +44 (0) 20 7091 7875
Privacy Policy | Terms and Conditions | Advertise
Web design london by Brainiac Media 2020
