Arrive Completes Acquisition of Passport, Delivering the City OS Needed for Autonomous Mobility
The global mobility platform, Arrive, today announced the successful completion of the financial acquisition of Passport, the compliance and curbside payment platform used by cities and parking operators across North America. Supported by leading growth and private equity investors, Vitruvian Partners, Verdane and Searchlight Capital Partners L.P., the acquisition accelerates Arrive’s mission to ease movement in cities by digitizing the urban mobility ecosystem.