TechTree CTT
Avenida D. João II, no. 13, Lisbon, 1999-001, Portugal
Overview
Techtree Investments operates as an investment firm. Techtree Investments, an investment vehicle from CTT and managed by Iberis Capital.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Ubirider
Led · Seed · Mar 2024
Ubirider offers the Ubirider Platform (cloud and smartphone‑based) for transit agencies and Pick, a rider app that plans door‑to‑door travel, enables payments and supports open‑loop contactless bank cards and mobile wallets. The platform provides agencies with fare collection, payments, operational tools and real‑time rider insights. Ubirider has deployed contactless payments with partners such as Mastercard across multiple Portuguese cities and reports more than 11.4 million transactions on its platform; implementations have driven nearly 300,000 registered users and 2.1 million tickets sold in cities including Lisbon, Évora, Faro, Beja and Cascais. Strategic partnerships with Mastercard, Deloitte, Payshop and Viva.com support its payment and MaaS capabilities. The company says it will use new funding to grow internationally and expand product development and marketing teams to bring open mobility and banking via contactless payment solutions. Ubirider is based in Porto, Portugal.
- Paynest
Participated · Seed · Dec 2023
Paynest is a one-stop financial wellbeing platform that enables employers to offer a comprehensive suite of benefits to improve employees' financial health. The platform combines financial products with personalized financial-literacy articles and a team of qualified coaches for confidential, individualized employee support. Founded in November 2022 by Nuno Pereira (later joined by Alexis Suberville) and based in Lisbon, Paynest has gained traction across Portugal, Greece, and France, serving dozens of companies and thousands of employees across various industries. The company plans to use new funding to advance product development, strengthen the team, and accelerate its planned expansion across Europe. Investors praised the product potential and founding team, and one backer noted possible future expansion into the Brazilian market when the time comes. Paynest recently closed a €2 million seed round to support these initiatives.
Team
No current team members are available.