Lindenaar & Co advised Cabture on the realisation of growth financing
The Amsterdam scale-up Cabture will, in addition to the 100 already equipped taxis, provide another 500 taxis from the Taxicentrale Amsterdam (“TCA”) with a Cabtab. The Cabtab is an interactive tablet that gives passengers access to entertainment, information and free Wi-Fi. In order to enable the production of the Cabtabs, Cabture has realised a lease financing facility with Rabobank.
Lindenaar & Co assisted Cabture in the search of finding the right financing channel and form, coordinating the information flow to the bank and the final negotiations.
Cabture, founded in 2014 and based in Amsterdam, offers both online and offline media for advertising in the transport sector. Offline services consist of the wrapping of taxis with advertising materials. In its online services department, Cabture reaches passengers, from taxis and buses, through self-produced Cabtabs. The Cabtab from Cabture allows the passenger to stream live TV, make orders and reservations, consult news and information about attractions and offers access to Wi-Fi. The passenger can also charge his phone and leave a rating for the taxi ride. Furthermore, catering establishments can easily request taxis for guests through the Cabtab system.