EKASINOMICS: This start-up digitises SA’s notorious minibus taxi industry.
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A South African mobility tech start-up with a mission to digitise the country’s notorious minibus taxi industry has raised an undisclosed amount in pre-seed funding from leading angel investors. This, says Loop founder Imtiyaaz Riley, enables the business to roll out geolocation technology and digital payments.
Founded in 2021 by Riley and Jamie Wyngaard, Loop provides both commuters and drivers with a platform to interact, facilitate payments, plan, monitor trips, and soon even insure belongings while commuting.
Founded in 2021 by Riley and Jamie Wyngaard, Loop provides both commuters and drivers with a platform to interact, facilitate payments, plan, monitor trips, and soon even insure belongings while commuting.
