ryd

ryd, founded in 2014, develops payment software for fleets and private users in Europe. Its platform digitalises payments for fueling, EV charging and car washes, processing them through a mobile app or directly via a vehicle's infotainment system in place of plastic fuel cards. The company's technical work spans mobile payments, in-car payment and vehicle infotainment integration, payment infrastructure and fintech for the mobility sector.

The consumer product covers every fuel station and allows private drivers to pay for fueling, charging and washing without a physical card. ryd fleet is aimed at company fleets: it digitalises and automates mobility payments, reduces administrative costs and mitigates fraud risk. The company states that fleets save an average of €77 per vehicle per month, equivalent to around €46,000 in avoidable costs annually for a 50-vehicle fleet, with administrative cost reductions of up to €45 per transaction and mitigation of a 6% fraud risk.

ryd operates across Europe, with presence in Germany, Austria, Switzerland, Belgium, the Netherlands, Luxembourg and Portugal. Its industry coverage includes fueling, EV charging and car washes, with toll, retail and insurance named as future areas. The company counts Mastercard, Mercedes-Benz and BP among its strategic investors. Further information is available at ryd.one.