HotSpot is a mobile payment platform that allows its users to pay for parking and top-up parking time by using mobile phones.
Business Model: B2C
Revenue: $99k
Employees: 11-50
Hotspot Parking was acquired by
IBI Group.
The acquisition happend on 2022-06-01.
Details of the transaction were not public
Address:
City: Fredericton
State: New Brunswick
Zip:
Country: Canada
HotSpot Parking offers users the ability to pay for parking from their mobile devices. It delivers notifications when parking is near expiry and allows users to top up their parking from any location. With HotSpot Parking, first 30 minutes of parking for a user is free. It also enables them to easily find parking and receive professional services with peace of mind – without having to worry about parking tickets, additional charges, or running out of time when running errands.
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