Split My Fare
Split My Fare (Rail Compare Ltd) is a UK direct-to-consumer platform that automatically splits train journeys into multiple tickets to save passengers an average of 26%, and up to 90%, on rail fares across all 28 UK train operators.
- Company typePrivate
- Founded2012
- HeadquartersNewcastle Upon Tyne, United Kingdom
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Split My Fare does
Split My Fare (legally Rail Compare Ltd) is a UK direct-to-consumer digital platform that sells cheaper train tickets by automatically splitting rail journeys into multiple tickets for the same train, achieving average customer savings of 26% and up to 90% on certain routes. The company operates a self-serve booking engine across its website (splitmyfare.co.uk), iOS and Android mobile apps, and a mobile booking subdomain, and is accredited by National Rail with tickets issued in association with Raileasy across all 28 UK Train Operating Companies. Supporting product features include e-Tickets deliverable to Apple and Google Wallet, live train and platform tracking, and refund processing through a dedicated portal, with a separate Business Booking module for corporate travellers.
Split My Fare firmographics
Firmographics- Name
- Split My Fare
- Legal name
- Rail Compare Ltd
- Website
- https://splitmyfare.co.uk
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Split My Fare (Rail Compare Ltd) is a UK direct-to-consumer platform that automatically splits train journeys into multiple tickets to save passengers an average of 26%, and up to 90%, on rail fares across all 28 UK train operators.
- Ownership category
- akta.pro rank
Split My Fare industry classification
Industry- Product category
- Travel Ticketing
- SIC
- Transportation Services (4700)
- akta.pro primary industry
- Fare Capping, Best-Fare & Account Reconciliation (THAIAMAH)
Keywords
Where Split My Fare is headquartered
LocationHeadquarters
- HQ city
- Newcastle Upon Tyne
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Split My Fare business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Operations, Marketing or Sales, Personnel
Revenue model
- Split Ticket Commission: The company charges a commission only when split ticketing results in savings. If no saving is achieved through splitting tickets, no fee is charged. The commission is a percentage of the savings made.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Commission on savings only |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
Split My Fare product offering
Product offeringCore offering
Split My Fare is a UK-focused split ticketing platform that legally divides a single rail journey into multiple tickets to find the lowest combined fare while the passenger stays on the same train. Tickets are sold in association with Raileasy/National Rail via the company's website and mobile apps, with no booking or card fees charged—only a commission on the savings achieved.
Product overview
Split My Fare is a UK-focused split ticketing platform that helps rail passengers save up to 90% on train fares. The product portfolio consists of a web-based booking platform (splitmyfare.co.uk), a mobile app for iOS and Android, and associated services. The core offering is the split ticketing engine that automatically finds cheaper multi-ticket combinations for the same train journey. Supporting features include e-Tickets (storable in Apple/Google Wallet), live train updates, and a dedicated business booking module. The company sells tickets in association with Raileasy/National Rail and charges no booking fees—only a 10% commission on split ticket savings made.
Differentiator
Problem solved
Functional benefit
Products and services
- Split My Fare Website Web-based split ticketing platform that lets UK passengers search and book cheaper train tickets by automatically dividing journeys into multiple tickets. Users save an average of 26% on tickets, with up to 90% maximum savings.
- Split My Fare Mobile App iOS and Android mobile application providing split ticket search, e-Tickets downloadable to digital wallets, live train updates, and quick booking with Apple Pay/Google Pay support. Rated 4.9 on Apple App Store and Google Play Store.
- Business Booking Corporate booking service for companies to manage employee rail travel and expense receipts using the split ticketing platform.
- Refund Processing Dedicated online refund service for unused flexible and advance tickets, processed through a dedicated refunds portal.
Quantifiable outcome
- Average customer savings of 26% on train tickets
- +2 more outcomes
Companies that use Split My Fare
Customer profileNamed customers7 records
Segments2 records
Ideal customer profiles2 records
Split My Fare technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
Feature3 records
Split My Fare partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- RaileasycoreRaileasy is the ticketing partner for Split My Fare. Tickets are sold in association with Raileasy.co.uk, a retailer of UK rail tickets. Raileasy handles the actual ticket issuance and fulfillment while Split My Fare provides the split ticketing search and booking interface.
- Braintree (PayPal)coreBraintree serves as the online payment provider for all credit and debit card payments on Split My Fare. All payment data is stored by Braintree.
- Google Cloud / FirebasecoreSplit My Fare's servers handling customer information are hosted on Google Cloud Infrastructure. Firebase is used for application infrastructure and privacy management.
- National RailcoreSplit My Fare integrates with National Rail's reservation system for ticket bookings. The company is accredited by National Rail and sells tickets for all 28 Train Operating Companies that are members of National Rail.
Scale indicators5 records
Recent moves5 records
Expansion highlights3 records
Split My Fare competitors and assessment
Company assessmentEmerging players
- Omio: Multimodal European travel booking platform covering rail, bus, and air across multiple countries. Comparable on the rail booking experience; differs in offering broader modes and geographies than Split My Fare's UK-only rail focus.
- Wanderu: North American bus and rail booking platform. Comparable as a digital ground-travel ticketing intermediary aggregating multiple operators, though focused on US/Canadian routes rather than UK rail.
Direct peers
- Trainline: The largest UK rail ticket retailer and the dominant comparison point that Money Saving Expert benchmarked Split My Fare against. Both sell UK rail tickets online with split-ticketing and standard fares; Trainline is a broad incumbent with far greater scale and capital.
- TrainSplit: UK split-ticketing specialist platform that directly competes with Split My Fare on the same niche service of dividing journeys into multiple tickets to find the cheapest legal fare combination.
- RedSpottedHanky: UK rail ticket retailer historically associated with split-ticketing and discounted fares. Directly comparable niche player serving UK passengers seeking cheaper train tickets through ticket-splitting and advance fares.
- TrainPal: A UK-focused rail and bus booking app owned by Trip.com that competes directly with Split My Fare on cheap UK rail fares, including split-ticketing. Comparable in target customer (cost-conscious UK travelers) and digital-first delivery.
- Raileasy: UK rail ticket retailer that is also Split My Fare's actual ticket-issuing partner. Operates in the same retail ticketing category, sells across all 28 UK TOCs, and represents both a competitor in retail and a critical operational dependency.
Broad incumbents
- Booking.com: Global travel marketplace with a growing ground transport offering. Comparable as a digital travel booking funnel where travelers search and book transportation; vastly broader portfolio including accommodation.
- Skyscanner: Global travel search and booking platform. Comparable as a price-comparison and booking funnel for travelers, including UK rail; broader scope (flights, hotels, cars) and much larger scale than Split My Fare.
Regional players
- National Express: UK coach and bus operator with its own ticketing platform. Comparable as a UK ground passenger transport booking channel targeting cost-sensitive travelers, though it does not offer split-ticketing and competes in coach rather than rail.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Split My Fare social profiles
Digital presenceSplit My Fare compliance and trust
Trust signalCompliance1 record
Split My Fare financial estimates
Financial estimateRevenue estimate
Valuation estimate
Split My Fare leadership team
Management profileNumber of profiles
Profiles2 records
Split My Fare funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Split My Fare M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Split My Fare
What does Split My Fare do?
Split My Fare is a UK-focused split ticketing platform that legally divides a single rail journey into multiple tickets to find the lowest combined fare while the passenger stays on the same train. Tickets are sold in association with Raileasy/National Rail via the company's website and mobile apps, with no booking or card fees charged—only a commission on the savings achieved.
Is Split My Fare a public or private company?
Split My Fare is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Split My Fare founded?
Split My Fare was founded in 2012. It employs 1 to 10 people.
Where is Split My Fare based?
Split My Fare is headquartered in Newcastle Upon Tyne, United Kingdom, in the Europe region.
How does Split My Fare make money?
One revenue line is on record: split Ticket Commission.
Who are Split My Fare's main competitors?
Emerging players on record are Omio and Wanderu. Direct peers are Trainline, TrainSplit, RedSpottedHanky, TrainPal and Raileasy. Broad incumbents are Booking.com and Skyscanner. National Express is listed as a regional player.
Does Split My Fare have an API?
No public API is recorded for Split My Fare.
What industry is Split My Fare in?
Split My Fare's product category is Travel Ticketing. Its primary akta.pro industry code is THAIAMAH, Fare Capping, Best-Fare & Account Reconciliation. Its SIC code is 4700.