Parking solutions providers FlashParking and Arrive Mobility are merging to create an end-to-end touchless digital mobility platform.

This combination will combine FlashParking’s Cloud-based mobility hub operating system with Arrive’s demand management platform to offer consumer procurement, wayfinding, and digital payments for parking and related services.

The merged entity will offer business-to-business (B2B) and business-to-consumer (B2C) seamless digital parking solutions and mobility technologies to boost operational efficiency for parking operations and offer frictionless, completely digital consumer parking and mobility experiences to several consumers.

FlashParking supports its operating partners in thousands of locations in North America with its Cloud-based platform and software as a service (SaaS) solutions.

Meanwhile, Arrive develops and deploys a digital platform that organises demand and manages digital payments for parking operators, integration partners, and consumers.

The merger of FlashParking and Arrive will provide a complete digital platform to aid asset owners and operators boost asset value and demand, diversify revenue and integrate into smarter cities.

Other partners such as events venues, fleets, automakers, service providers and employers will also be able to offer an end-to-end digital parking experience suitable for their particular requirements.

FlashParking CEO Dan Sharplin said: “We have seen first-hand the devastating effects of the pandemic on the parking industry. A key component to recovery is deployment of Cloud-based, future-ready technologies that allow asset owners and operators to modernise and diversify their business model with the addition of mobility services.

“But more importantly, they need a single, comprehensive system of record to digitise their operations and customer experience. With Arrive’s consumer-facing mobile apps and integrations, their demand network with millions of users, and a robust layer of digital services, all integrated in the FlashParking operating system, that is now possible. Through this unique combination, FlashParking and Arrive will offer the connective tissue between the parking industry and the future of mobility.”

The combination of the two firms is expected to deliver a white-label or co-branded digital parking experience through a mobile app and in-car voice or touch interface, in addition to on-site tap-to-pay signage.

Arrive CEO Yona Shtern said: “For years, FlashParking has been an invaluable technology partner in our mission of delivering best-in-class last-mile mobility solutions to consumers.

“With the parking industry at an inflection point and market and consumer demands evolving, we are in an ideal position to meet those needs by merging our two technology platforms into a single comprehensive platform, which spans across the entire customer journey. It is incredibly exciting.”

The firms have started working closely to deliver the benefits of a consolidated platform while continuing to offer services to current partners with minimal disruption.