Amsterdam-based Figo Mobility, a fintech that simplifies mobility management and travel expenses for employers, secures an investment from Edgar Verschuur, former Global Head of Payments at Adyen.
Verschuur joins the Figo team as an investor and will support the company’s next phase of growth as a strategic advisor.
With over ten years of experience in global payment solutions at Adyen, he has deep knowledge in payments and fintech, which supports Figo’s goal of simplifying travel and expense management to become the top platform.
“Businesses need to provide flexible mobility solutions for their employees in the current climate, while staying in control of their costs and sustainability objectives. Figo has a strong team that solves tangible problems for their customers every day, and has demonstrated solid customer momentum through their modern platform and impactful partnerships. Next to this, they benefit from the global trend where mobility payments are moving from closed to open-loop networks,” says Edgar Verschuur.
Figo Mobility: Simplifies mobility management and travel expenses
Founded by Joost Pompe, Figo Mobility is an online platform for renting mobility.
The platform provides an all-in-one solution for shared mobility and public transport through the Figo TravelCard.
“The experience of work travel is fragmented. Whether it’s the daily commute by public transport, a customer visit with a taxi or shared car, or a conference abroad by plane or train, employees often lack seamless access to the most efficient travel option that fits their allocated budget and schedule. Figo stands for Find & Go,” says Figo founder Joost Pompe.
As employers face rising costs from flexible mobility budgets, employees now expect the freedom to choose how they travel, moving away from the traditional lease car or public transport card.
This change adds complexity for organisations, making what was once a simple reimbursement process difficult for finance and HR teams to manage.
Figo helps leading companies like YoungCapital, Booking.com, and Adyen navigate this challenge.
“Public transport subscriptions are typically set and forgotten, while incidental travel is often booked through personal accounts, corporate cards, or manual expense flows. This results in low visibility for employers into actual usage, budgets, and ecological impact. We are beyond
excited that Edgar is joining the Figo journey since he brings an invaluable amount of knowledge, experience and network to the team. During our first meeting, we noticed a strong fit on product vision and culture, and are happy to work together in this next critical phase of growth,” adds Pompe.
