In Europe alone, five e-scooter companies have emerged and raised over $150 million of capital since the start of 2018. Aren’t theft and vandalism a big problem for dockless micro-mobility solutions? Vandalism and theft are a byproduct of placing hundreds of dockless micro-mobility vehicles across major cities. However, micro-mobility companies are seeing a decline in theft and vandalism as they move to negate the problem. Micro-mobility companies like Grin and Yellow in unbanked and underbanked countries are offering convenient digital wallets and digital payment functionality.

Source: Forbes February 01, 2019 14:15 UTC