Hubryde is a bus-hailing service company poised to revolutionize public transportation systems and operations in Africa, albeit one city at a time.
Hubryde commenced operation in January 2020 with Ikorodu to the Island (VI, Lekki & Ajah) as a pilot route. We understand the daily commuting challenges in growing cities and are well-positioned to help people move safely and comfortably.
Consumer insights drawn from a comprehensive market survey revealed that a chunk of commuters within Lagos metropolis and suburbs experience major commuting challenges such as endless-queuing, waiting tirelessly at the bus stop, boarding 2-3 buses to their destination, unreasonable price hikes particularly during peak travel hours, and struggling to secure a seat on the few available rusty buses.
In the same vein, market statistics revealed that a chunk of fleet management and vehicle hire/leasing companies find it challenging to optimize their assets for trips, suffer bureaucratic contract process, longer sales cycle, delayed payments, and huge financial commitments to the banks despite unfavourable credit terms.
Hubryde became very uncomfortable with this unpleasant situation and decided to provide a reliable, safe, comfortable, and seamless means of commuting for Lagosians particularly corporate employees who experience this challenging situation every day.
We simply aggregate travel demand from commuters in the same location heading towards the same destination.
In addition to this, we developed a custom-based e-wallet system that enables corporate organizations to provide a cost-effective, safe, reliable, and comfortable means of travel for their employees. This solution allows corporate organizations to purchase a travel bundle and allocate funds to employees’ wallets to enable them to pay for rides only when they use the service as against paying for standby charges when they lease or hire a bus.
In the same light, we created a digital platform that allows asset owners to utilize and optimize their buses without burdening them with unnecessary paperwork and fostering reliable access to prompt payment, stable and consistent revenue.
Our service offerings are Ridesharing, Corporate-Service, and Short-Hire – these products were conceptualized, modelled to address the dynamic travel demands of commuters, and carefully developed to create and improve customer experience.
The Co-Founder/COO, Charles Mathews said in less than 6 months of operation, hubryde has completed over 1500 trips with over 1300 Mobile App downloads on Google Playstore. We also got selected for the Forbes 2020 Digital Start-up Accelerator Program and expanded our route of operation to Ogba & Ojodu-Berger despite the ravaging effect of the global pandemic.
Our ultimate goal is to help millions of people commute safely and comfortably within cities in a manner that suits their style and budget.