Taxify, which operates in 26 countries across Europe, Africa and Australia, applied for a private hire licence with Transport for London (TfL) this month. If successful, it will mark the latest entry into the competitive London transport market, which has been shaken up by a string of tech companies. Taxify hopes to steal a march on Uber by promising better pay to drivers, as well as cheaper fees.
The company, which allows passengers to hail a car with an app with fares automatically paid by credit card, entered London in September, assuming a licence by the backdoor by acquiring a small minicab operator. But after three days TfL ordered it to cease operations. In December the company pleaded guilty to operating without a minicab licence, leading it to be fined £250 and pay TfL’s £10,000 legal fees.
In a 160-page licence application filed this month, Taxify admitted to a “major error of judgment” and said it had turned a new leaf.
Uber, which entered London in 2012, was stripped of its licence last year after TfL accused it of a string of safety failures.
- Taxify is hoping to return to the London market.