Ridango Gets New Owner, New HQ and Says It’s Looking for New Acquisitions; Can It Shed Its Status as a Regional Player?
The chief of fare-system supplier Ridango says the vendor doesn’t plan “any shift in the company’s strategic direction” now that it has a new majority owner. But he added that the company will be “more active in mergers and acquisitions.”
Ridango founder and CEO Erki Lipre was responding to questions from Mobility Payments about UK-based private equity investor Bregal Milestone becoming the majority shareholder of Ridango, buying out
Baltic Transit Agency Awards Five-Year, ‘Low Risk’ Contract to Vendor to Provide Open-Loop Payments Service
In what will be the first open-loop payments service launched in Lithuania, the transit agency serving the Baltic country’s third-largest city plans to launch the contactless EMV service by July of this year, Mobility Payments has learned.