ZF and CarPay-Diem announce a strategic investment from ZF, which consolidates CarPay-Diem’s leading position in the mobile fueling and in-vehicle energy payment market.
That participation of ZF enriches the Group’s fleet offering and reinforces its legitimacy as an aftermarket orchestrator, who provides and advances digital solutions that accompany vehicles throughout their entire lifecycle.
The scalable mobile fueling and digital marketing platform CarPay-Diem, developed by Luxembourg-based company Kwalyo, has successfully processed over 3M mobile fueling transactions since its launch in 2019. The company's blend of B2B and B2C businesses supports not only fuel retailers and card issuers with their digitization efforts but also allows OEM and mobility app providers to deliver an exclusive experience to fleet operators and drivers.
Integratinon of CarPay-Diem’s services into ZF's telematics solutions
CarPay-Diem is currently building the largest European network of fuel stations and EV chargers for mobile transactions. The investment from ZF will help to uniquely position CarPay-Diem’s technology in the roadmap towards the next generation in-vehicle fueling experience, by integrating with apps into the vehicle’s infotainment system. With the integration of CarPay-Diem’s services into ZF's telematics solutions, thousands of connected vehicles will be able to use digital fuel cards to activate fuel pumps and EV chargers instantly.
The digitization of the fuel industry and EV charging is a key element to accelerate the energy transition and we are proud to share this view with our partner. ZF brings CarPay-Diem an access to thousands of connected vehicles across Europe, that will render important savings on fuel expenses - thanks to the winning combination of ZF telematics and the CarPay-Diem services.” Frédéric Stiernon, Chief Executive Officer of Kwalyo
Fleets face a multitude of challenges in a world that is fast changing. They have to constantly adapt their fueling strategy to the market conditions and strive to get access to accurate accounting data to operate as efficient as possible.
Integrating the mobile fueling and in-vehicle energy payment solution, brings not only convenience for the driver, but immediate fuel cost transparency and higher operational efficiency for the fleet manager. This also applies to the operation of mixed fleets (ICU & EV) and is therefore ultimately important support for a smooth transition to a purely electric fleet.
Frédéric Stiernon, Chief Executive Officer of Kwalyo states “The digitization of the fuel industry and EV charging is a key element to accelerate the energy transition and we are proud to share this view with our partner. ZF brings CarPay-Diem an access to thousands of connected vehicles across Europe, that will render important savings on fuel expenses - thanks to the winning combination of ZF telematics and the CarPay-Diem services.”
“With the investment, we can realize another strategic addition to our network of partnerships with the goal to enable customers to efficiently manage their fleets, optimize their costs and considerably reduce their carbon footprint” comments Phillippe Colpron, Head of ZF Aftermarket and Executive Vice President ZF Group. “For ZF, the investment in a digital energy payment system is an essential enhancement to the already active data sources we have, in order to develop further valuable services for our fleet customers – together with our partners.”