London-headquartered scale-upSplythas raised $19.5m (£15.7m) in aSeries B investment roundled by SoftBank.
The deal sees SoftBankreceive a significant share in the integrator of mobility apps and travel platforms.
Other investors in the round included American Express Ventures, the strategic investment group of American Express.
In conjunction with this investment, SoftBank Corp. andSplytalso formed a business partnership, and Daichi Nozaki, SoftBank Corp. VP and Head of the Global ϾƷ Division, will join’sboard of directors to further accelerate its global expansion.
Splyt’stechnology allows for theintegration of mobility services into travel platforms, apps and wallets.
By interconnecting apps,itsusers can access multiple services on a single app. The firm has integrated ride–hailing into major platforms including Alipay, Grab, and Booking.com.
The firm currently has a staffof 50based inLondon and Singapore.
Withthe latestinvestmentthe company nowaims to expand its network with additional mobility services, including bike–sharing and scooters.
By collaborating withSplyt,SoftBank hopesto interconnect the different app platforms of group companies.
PhilippMintchin, co-founder and CEO ofSplyt,said the firm’s aim wasto enableitspartners to provide seamless mobility solutions to their customers.
“It’s a great pleasure to collaborate with some of the best companies in the world, and to be able to welcome SoftBank Corp. and American Express Ventures as investors toSplyt,” he said.


