Transferz Secures Financing From ABN AMRO
Strengthening working capital, ensuring fair payment terms for local partners, and accelerating technology investments.
Amsterdam, February 20th, 2025 – Transferz, a global leader in pre-booked ground transportation, today announces a new financing facility from ABN AMRO. The partnership underscores Transferz’s commitment to sustainable, long-term growth and will further its goal of providing fair payment terms to local transport providers—measured in days rather than weeks.
Building on strong momentum, Transferz sees this new financing facility as a key accelerator of its "Fare = Fair" principle. In a market often hindered by unsustainable pricing and aggregator-driven models, the partnership with ABN AMRO ensures sustainable payment terms for local drivers while accelerating investments in machine learning and technology—ultimately enhancing service quality for travelers.
“The future of pre-booked ground transportation will be defined by those who prioritize quality, fairness, and technological advancement. With ABN AMRO’s backing, we’re solidifying our position to pay local drivers promptly, give our data and tech teams a boost, and look to further expand our market reach.”
Maarten Vrijhof, CFO at Transferz
“At ABN AMRO, we are committed to driving the digital transition by supporting both established enterprises and dynamic, fast-growing companies. Our recent financing of Transferz underscores this commitment. We aim to empower scalable companies, particularly those in the realms of digital platforms, SaaS, and AI, as they approach profitability. Transferz stands out with its highly scalable business model and strong potential to lead the global market.”
Jean Paul Roelofs, Corporate Lender at ABN AMRO
“Our journey is still in its early days, but every step is guided by a clear vision to be the global leader in pre-booked ground transportation. We don’t believe in quick wins—we believe in winning the right way.”
Johan van Vulpen, CEO and founder of Transferz