Morocco: Mass transit platform receives VC investment
Early-stage venture capital firm UM6P Ventures has announced a new investment in Weego, a Moroccan digital platform for mass transit.
Weego has already built three synergistic business segments:
– Powered By Weego – a SaaS platform enabling corporations and transit agencies to provide optimised mass-mobility solutions to their employees.
– Powered By Weego M-ticketing – making real-time multimodal itineraries for travel for all public transit operators in Africa including buses, trains, and metros.
– Fulfilled by Weego – enabling commuters to book seats on vehicles available exclusively for the Weego app and minimise travel time.