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Draft:NeoRide

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neoRide is a mobile app service that allows users to pay for their tolls and to search for, reserve, and book parking spots in the US.[1]

Origins

tapNpay[2] was launched in 2020 as a web-based service allowing the unbanked and underbanked consumer to use the express toll lanes without the need for a bank account. tapNpay achieved this by working with mobile carriers to allow users to add their toll charges to their mobile phone bill via a program called direct carrier billing ("DCB").[3] tapNpay's initial funding round of $1.4M was raised in August of 2020[4] from a fund in Houston, Texas.

Neology[5] acquired tapNpay in June of 2023,[6] combining the web service's features with those of its mobile app, neoRide.

Services

The resulting neoRide app works with toll authorities in the US to provide near nationwide coverage.[7]

References

[edit]
  1. ^ [1]
  2. ^ [2]
  3. ^ "Direct Carrier Billing Market Trends and Forecast Report 2025".
  4. ^ "TapNpay - Crunchbase Company Profile & Funding".
  5. ^ https://www.neology.com}
  6. ^ https://neology.com/news/neology-acquires-tapnpay-inc-to-expand-its-mobility-digital-payment-solution-neoride/}
  7. ^ "Toll road coverage".