Digital Assets: Belgian Startup Seety Enables Crypto Payments For Parking

September 2, 2021 | Digital Assets, FinTech, News

Seety is a Belgian startup from the stable of start-up accelerator Start it @ KBC.

Seety, a Belgian startup focused on digital parking has made it possible for users to pay for parking in Antwerp and Brussels with cryptocurrencies. Seety founders Hadrien Crespin and Nicolas Cognaux (pictured above) have the vision that more and more people will use cryptos for everyday purposes as the coins become more climate-friendly. (DataNews)

How it works

The Seety app currently allows bitcoin, ethereum, bitcoin cash, litecoin, dai, dogecoin and USD coin for parking payments.

Users can purchase Seety credits using their cryptos on the Seety app. These credits can then be used to pay for parking.

Seety features an interactive map on its app that users can use to locate the cheapest or free parking spots. In addition, they can ascertain the prices and parking regulations for any street or parking lot in town.

A community feature allows a member to be notified in case a parking officer is spotted near their car.

The app has already amassed 355,000 active members and is now available in over a hundred Dutch cities and municipalities.

Seety is hoping to clock a turnover of 400K euros and 2 million euros in 2021 and 2022, respectively.

In May, Google Maps launched some new features that allow payments, such as parking meter and transift fares, using the app itself.

Google Maps integrated with Google Pay, parking solutions providers, and over 80 transit agencies around the world to enable digital, contact-free payments from inside the Google Maps App.

Users can therefore save time and avoid contact with surfaces that may have been touched by hundreds of people.

Related Story: Porsche’s App Makes Contactless Parking A Cinch In Melbourne

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
FinTech: Lloyds To Acquire Stake In Loyalty App Bink
January 4, 2022     FinTech, News

Lloyds Banking Group (LON: LLOY), Britain’s biggest mortgage provider, will acquire a minority stake in loyalty app Bink, according to a report by Sky News for an undisclosed amount that…
Digital Assets: Coinbase CEO Armstrong Said To Have Splurged $133M On Home In LA
January 4, 2022     Digital Assets, News, Real Estate

An iconic property in Bel Air, Los Angeles, designed by internationally acclaimed English architect John Pawson changed hands last month for $133 million and the buyer was Coinbase (NASDAQ: COIN)…
Alternative Investments/ESG: VegTech Invest Launches Plant-Based Innovation & Climate ETF

VegTech Invest advisory has launched the VegTech Plant-based Innovation & Climate ETF (Ticker: EATV), its first financial product. The ETF offers exposure to publicly traded companies actively innovating with plants…超·世界.png
Venture Capital: Chinese AI Startup Parametrix Raises $100M, Turns Unicorn
January 4, 2022     Artificial Intelligence, News, Venture Capital

Chinese AI company has raised $100 million in a Series B round led by Sequoia China and joined by existing investors 5Y Capital and Gaorong Capital. Though the valuation…