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2023. február 21., kedd 08:53 |
PropTech PAYUCA acquires Series A investment |
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Vienna, 21 February, 2023 (APA/OTS) - Vienna-based PropTech PAYUCA has made it its mission to make parking and charging cars in residential rental buildings as easy as possible. Now the company successfully closed its Series A financing round. |
Picture is available at website: http://ots.mti.hu/Pages/Picture.aspx?fi=OTS_20230221_001.jpg
Known for its PAYUCA Smart Parking app with over 50,000 registered
users, which enables short-term parkers in Vienna to locate and use
available parking spaces in private underground garages quickly and
easily, PAYUCA has now expanded its business model to include the
digitization and electrification of the entire garage, especially in
residential rental buildings. Today, the upcoming company is led by
Co-Founder and Co-CEO Dominik Wegmayer and his brother, Co-CEO
Wolfgang Wegmayer.
PAYUCA as an ideal partner for the housing industry With its short-term parking app, PAYUCA enables housing companies
and rental building owners to efficiently provide unrented and thus
vacant parking spaces to short-term parkers and thus generate an
additional income. All this works via the intelligent access system
installed by PAYUCA for all relevant gates, entrance, and
intermediate doors in the building, which is controlled via an app.
PAYUCA takes care of the entire transaction with the short- term
parkers and pays the generated revenue directly to the owners. Via a
dashboard, PAYUCA also enables property managers to handle the
garage management of long-term parkers via their intelligent access
system. This not only makes keys and remote transmitters obsolete,
but also saves property managers the enormous administrative effort
involved in handovers, handling deposits, and in the case of loss or
theft of keys or cards. Since 2021, PAYUCA has also been offering
rental house owners uncomplicated pre-fitting of e-charging stations
for permanently rented garage parking spaces with their product
"Smart Charging".
In autumn 2022, PAYUCA also expanded its business model to the
German market: With the Berlin housing company degewo, a German big
player has already been won, and since then the first underground
garages of Berlin apartment buildings have already been completely
digitalized and electrified.
New capital for the German roll-out The newly acquired capital from the Series A financing round will
now be used for the further expansion of PAYUCA in Germany. In
addition to Berlin, other major German cities are to follow soon.
The aim is to convince the German housing industry of PAYUCA's smart
complete solutions. The financing round was raised by the
international investor ABB E-mobility AG. The exact amount of the
investment was kept confidential.
About PAYUCA PAYUCA aims to make off-street car parking and e-charging as easy
as possible. With the PAYUCA Smart Parking app, the Austrian company
has been successfully covering short term parking needs for more
than 50,000 registered users at over 100 garage locations in Austria
and Germany since 2017. With its solutions for the housing industry,
PAYUCA focuses on classic residential rental buildings with a simple
ownership structure. Property owners and property managers can thus
not only monetize their vacant parking spaces and manage their
long-term parkers easily and digitally, but also cost-effectively
pre-equip their garage for the ramp-up of e-mobility. PAYUCA
currently employs around 35 people.
Further information: www.payuca.com/en
Photo credit The use of the pictures is free of charge for editorial purposes if
the photo credit "Philipp Schuster" is mentioned.
Contact and queries:
PAYUCA GmbH Wolfgang Wegmayer Co-CEO T: +43 676 506 21 29 E: ww@payuca.com
Press inquiries:
epmedia Werbeagentur GmbH Celine Whyte T: +43 699 17 19 3118 E: celine.whyte@epmedia.at
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