EasyPark finalises Parkopedia acquisition

EasyPark Group, a provider of digital parking and mobility solutions, has completed its acquisition of Parkopedia, a provider of connected car services and mobility data aggregation.

EasyPark is a global mobility platform present in more than 6,000 cities in 80 countries in order to simplify parking and mobility solutions. Last month it acquired Flowbird.

Parkopedia helps drivers in 90 countries find and pay for parking, electric vehicle charging, fuel and tolls. Parkopedia said it is also developing highly detailed parking maps and corresponding algorithms to help drivers and self-driving vehicles navigate to an open parking space indoors.

Cameron Clayton, chief executive of EasyPark Group, said the acquisition creates a seamless, end-to-end driver experience, built on highly accurate and complete data and unparalleled global payment capabilities. “Parkopedia’s in-car data integration and payment technology, coupled with our digital parking solutions and on-street parking equipment, allows us to address the entire driver experience.”

The acquisition of Parkopedia builds on a decade-long collaboration with EasyPark Group. Parkopedia’s in-car data and payment technology for parking, EV charging, fueling and tolling complements EasyPark Group’s expertise in digital payments. This enables seamless integration across parking systems, digital platforms and in-car solutions.

Eugene Tsyrklevich, founder and chief executive of Parkopedia, said the combined resources will help accelerate innovation and service delivery.