Splyt wants to connect the world's ride-hailing apps for easy international roaming

Jon Russell
Splyt wants to connect the world's ride-hailing apps for easy international roaming

Uber's decision to exit markets like China, Southeast Asia and Russia coupled with the failure of its rivals to develop a proposed roaming system, means that global travelers must install multiple apps if they are to take advantage of on-demand taxis. In the world of ride-hailing and its billion-dollar investment checks, an $8 million capital raise may not be a big deal but it does represent a coming-out for Splyt, a UK-based startup that is aiming to help make global ride-hailing roaming a reality -- and not just within ride-hailing apps. In addition, the round included participation from Southeast Asian ride-hailing company Grab, the firm valued at $14 billion which acquired Uber's regional business last year.