Telepass

Telepass S.p.A. is a Rome-based European mobility payment platform originally founded in 1990 as the electronic toll collection system for Italian motorways operated by Autostrade per l'Italia. The Telepass OBU (on-board unit) allows vehicles to pass toll booths without stopping, with charges billed automatically to a linked bank or credit card account. From its origins as Italy's dominant toll payment system, Telepass has expanded into a comprehensive multi-modal mobility superapp offering parking, EV charging, fuel payments, public transport tickets, ferry and train bookings, taxi hailing, car sharing, fast-track airport services, car insurance, and urban services via its app. Telepass is operational across Italian motorways and has expanded to multiple European countries. In 2020, private equity firm Partners Group acquired a significant equity stake in the company from Atlantia (formerly Autostrade per l'Italia), valuing Telepass as a standalone mobility platform. The company serves millions of subscribers across Europe.