iCabbi investment brings taxi tech to the traditional cabbie

RCI Bank and Services has taken a 75 per cent stake in iCabbi, the Irish-owned taxi dispatch software company that has seen revenues rise from €2.6 million to €7.3 million since 2015.

Renault’s financial services subsidiary made the announcement last week in a move iCabbi chief executive and founder Gavan Walsh believes will see the taxi industry “play an integral part in the future of mobility”.

“Thirty billion dollars was invested in mobility ...