BinBin

What BinBin does

BinBin is a for-profit micro-mobility company that operates an electric-scooter sharing service accessible via a mobile application on iOS and Android. Founded in 2019 and headquartered in Istanbul, Turkey, the company locates users with nearby scooters through GPS, unlocks vehicles by scanning a QR code, and bills on a pay-as-you-go per-ride basis with a 24-hour maximum rental window; supplementary penalty fees apply for misuse, late returns, and damage. The fleet is positioned strategically at high-traffic venues — airports, university campuses, and shopping malls — and BinBin operates its own proprietary scooter hardware featuring three ride modes (ECO, Drive, Sport), front suspension, dual front-and-rear braking, integrated panel displays, automatic evening stop lights, and headlight controls.

The company operates across six countries (Turkey, Bulgaria, North Macedonia, Albania, Bosnia and Herzegovina) and 22 cities through locally incorporated subsidiaries, with a product-led go-to-market model: users self-onboard through the app stores, with no sales interaction required. Beyond the consumer rental product, BinBin offers a Bayilik (franchise) program for licensed local operators and a BinBin Corporate B2B offering for enterprise fleet management. Revenue is generated from per-ride usage fees, supplemented by late-return, improper-parking, and damage penalties; the company has raised approximately $16 million in disclosed funding (notably an $11M round from RePie Asset Management in October 2021) and acquired Netherlands-based GO Sharing in February 2023. The firm claims it is listed on ist:BINBN, although other parts of the data characterize it as private; this discrepancy is unresolved in available sources.

Name

BinBin

Legal name

BinBin

Website

https://binbin.tech

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

501–1,000 employees

Short description

BinBin is a Turkish-founded micro-mobility company operating an electric scooter sharing service across 6 countries and 22 cities via a self-serve mobile app, with franchise and corporate fleet extensions.

Ownership category

akta.pro rank

Product category

Shared Micro-Mobility / Electric Scooter Rental

SIC

Services-Auto Rental & Leasing (No Drivers) (7510)

akta.pro primary industry

Scootershare (Dockless E-Scooters) (TLAFAMAG)

akta.pro secondary industry

Scooter & Moped Rentals (Motorized 2-Wheel) (THADAHAE)

Keywords

• Electric scooter rental
• Micro-mobility sharing
• Urban transportation services
• Scooter sharing platform
• QR-code scooter unlock

Headquarters

HQ city

Istanbul

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Electric Scooter Rental Fees: Users pay usage-based rental fees for e-scooter rides. Pricing is determined by location and demand, with fees displayed in the app before the ride starts. The maximum rental period is 24 hours per trip.
2. Late Return and Penalty Fees: Fees are charged for exceeding maximum rental periods, improper parking, taking scooters outside designated zones, damage, or loss. Scooter replacement costs range from 46,550 MKD to 83,200 ALL depending on country.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

BinBin operates a shared electric scooter rental service where consumers locate nearby GPS-enabled e-scooters via the BinBin mobile app (iOS and Android), unlock them by scanning a QR code, and pay per ride with usage-based fees displayed in app. The service is deployed across 6 countries (Turkey, Bulgaria, North Macedonia, Albania, Bosnia and Herzegovina) and 22 cities at airports, university campuses, and shopping malls. BinBin scooters include three riding modes, front suspension, dual brakes, integrated panel display, and automatic night stop lights for rider safety and comfort.

Product overview

BinBin is an electric scooter sharing platform offering a unified mobility service accessible via iOS and Android mobile applications. The core offering consists of electric scooter rentals deployed across 6 countries and 22 cities, where users locate available scooters through the app, unlock them by scanning a QR code, and pay per ride. The product portfolio includes the main BinBin Electric Scooter Rental Service and mobile app, supplemented by BinBin Corporate for business clients and BinBin Bayilik franchise opportunities for regional operators.

Differentiator

Problem solved

Functional benefit

Products and services

• BinBin Electric Scooter Rental Service Shared electric scooter rental service that lets individual users locate nearby GPS-enabled e-scooters via the BinBin mobile app, unlock them by scanning a QR code, and pay per ride based on duration or distance. The service is deployed across 6 countries and 22 cities at airports, universities, and shopping malls, with scooters featuring ECO/Drive/Sport modes, front suspension, dual brakes, integrated panel display, and automatic night stop lights.
• BinBin Mobile Application Native mobile application for iOS and Android that serves as the primary platform for locating, unlocking, paying for, and managing BinBin electric scooter rentals. Distributed on Google Play and the App Store, it is the self-serve entry point for all consumer rides.
• BinBin Corporate Corporate solution offering fleet management, employee mobility benefits, and customized electric scooter programs for enterprise clients who want to provide BinBin-based transportation to their staff.
• BinBin Bayilik (Franchise) Franchise program that enables local entrepreneurs and operators to run BinBin electric scooter rental services in new regions under the BinBin brand, extending the company\u2019s distribution through licensed local operators.

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Milli PiyangominorGTM or Marketing PartnerBinBin partnered with Milli Piyango (National Lottery) for a summer campaign featuring prize drawings. Winners received dream trips to Europe as prizes, demonstrating promotional marketing collaboration to drive user engagement.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Lime: Global dockless e-scooter and bike-share operator serving dozens of cities. Directly comparable to BinBin in core offering (shared e-scooters via app-based QR unlock) and target market (urban commuters, campuses, transit hubs).
• Bird: Pioneer dockless e-scooter sharing company (went public via SPAC, later delisted). Directly comparable in core product offering and target user base despite operational scale differences.
• Spin (Bolt): Micromobility operator (formerly Ford-owned, now part of Bolt) offering shared e-scooters in cities across the US and Europe. Directly comparable dockless scooter sharing model and urban commuter target.
• Helbiz: US- and Europe-based shared micromobility operator offering e-scooters and e-bikes. Comparable product offering and urban shared-mobility business model, though with weaker current operating scale.
• Tier Mobility (legacy operations): European shared e-scooter operator (now merged into Dott). Comparable product offering and European city coverage prior to the Dott merger.
• Dott: European shared e-scooter operator formed via the Tier-Dott merger with operations across France, Germany, and other EU cities. Directly comparable shared-micromobility offering and European market focus.
• Voi Technology: European e-scooter sharing operator headquartered in Stockholm with strong presence across Northern and Western Europe. Directly comparable product, business model, and European city-operator focus to BinBin.

Emerging players

• Neuron Mobility: Asia-Pacific and emerging-market focused shared e-scooter operator with strong presence in Australia, New Zealand, and select Asian cities. Comparable product and emerging-market expansion playbook.

Regional players

• Yandex Go (Yandex Self-Driving / Kicksharing): Russian-headquartered multi-service mobility platform with scooter-sharing operations. Comparable dockless scooter sharing product, though primarily serving Russian/CIS markets rather than BinBin's Balkan footprint.

Broad incumbents

• Bolt: Estonian mobility super-app offering scooters, e-bikes, ride-hailing, and food delivery. Comparable shared micromobility operations across European and emerging markets; broader portfolio makes it a larger incumbent in adjacent mobility.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/binbin_tr
• LinkedInlinkedin.com/company/binbintech

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BinBin