MTU

Name

MTU

Legal name

Associação Mato-grossense dos Transportadores Urbanos

Website

https://amtu.com.br

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Public Transit Management

NAICS

Bus and Other Motor Vehicle Transit Systems (485113), Urban Transit Systems (4851)

SIC

Local & Suburban Transit & Interurban Hwy Passenger Trans (4100)

akta.pro primary industry

Fare Capping, Best-Fare & Account Reconciliation (THAIAMAH)

akta.pro secondary industries

Mobile Ticketing & Digital Pass Apps (THAIAMAB), Retail & Distribution Networks (TVMs, Kiosks, Agents) (THAIAMAL), Transit & Mobility Fare Cards (Stored Value) (FSAMANAG)

Keywords

• Public transit management
• Electronic fare collection
• Transportation card services
• Urban mobility solutions
• Corporate transit vouchers

Headquarters

HQ city

Joaquim Távora

HQ country

Brazil

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Emissão de Cartões Transporte: Revenue from issuing and reissuing transportation cards (1st card free, 2nd via R$ 8)
2. Recarga de Créditos Eletrônicos: Commission from loading electronic credits onto transportation cards through various channels
3. Vale Transporte Empresarial: Bulk sale of transportation credits to corporate clients for employee commutes

Pricing tiers

Go-to-market motion2 records

Distribution channels8 records

Marketing channels5 records

Core offering

MTU manages the integrated electronic ticketing system for public passenger transport in the Cuiabá and Várzea Grande metropolitan area in Mato Grosso, Brazil. The association issues and controls the "Cartão Tem" family of transportation cards (general, student, senior, special needs, and integration variants) and sells electronic credits for fare payment across 98 transit lines. It also coordinates the operations of 6 consortium member transport companies operating a fleet of approximately 472 buses serving 180,000 daily passengers.

Product overview

MTU (Associação Matogrossense dos Transportadores Urbanos) is a public transportation management organization operating in Cuiaba and Varzea Grande, Mato Grosso. The company manages an electronic ticketing system centered on the 'Cartão Tem' family of transportation cards, which includes the integration card (Tem Integração), student cards (100% free and 50% semi-free), senior card (Melhor Idade), special needs card (Especial), and general-purpose card (Portador). These cards are supported by multiple service channels including physical stores (MTU Loja), self-service kiosks (MTU Fácil with 12 locations), mobile service units (MTU Móvel), sales promoters (MTU Promotor), authorized retail network (MTU Rede Credenciada), and digital platforms (Recarga Fácil app, E-commerce, WhatsApp recharge). Additional services include MTU Buscar for accessible transport, Meu Ônibus for real-time tracking, and corporate Vale Transporte for businesses. The system serves approximately 180,000 daily passengers across 98 bus lines with a fleet of 340 buses.

Differentiator

Problem solved

Functional benefit

Brands

• Recarga Fácil: Mobile application for recharging transport cards
• Meu Ônibus
• MTU Fácil
• MTU Móvel
• MTU Buscar
• MTU Promotor
• MTU Rede Credenciada
• MTU E-commerce
• Cuiabá Card

Products and services

• Cartão Tem Integração (TEM Integration Card) Main rechargeable transportation card enabling fare payment and free bus transfers within 1h45min. First card issued free; replacement cards cost R$8. Targeted at general commuters in Cuiabá and Várzea Grande.
• Cartão Escolar Gratuito (Free Student Card)

Named customers3 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability2 records

Feature4 records

Partnerships

15 partnerships are on record, tiered core and minor.

• RedeflexcoreChannel Partner/ Reseller/ DistributorRedeflex has expertise in electronic transactions and logistics across Brazil with over 65,000 clients in 11 states. They provide Point of Sale (POS) and credit card machines at partner locations for selling transportation credits alongside mobile, acquisition, and prepaid chip services.
• Comper (Supermercados)coreChannel Partner/ Reseller/ DistributorComper supermarket chain enables card recharges at all locations in Cuiaba and Varzea Grande, providing convenient retail access for transportation card reloads alongside grocery shopping.
• SEST/SENATcoreStrategic or Co-development PartnerPartnership with SEST/SENAT for worker training, health programs, and certification including online courses on COVID-19 prevention, driving safety, and professional development for transport workers.
• AMDE (Associação Motogrossense de Deficientes)coreStrategic or Co-development PartnerAMDE conducts disability assessments and maintains the registry of disabled persons eligible for special transportation cards, enabling accessible transit services.
• SEMOB (Secretaria Municipal de Mobilidade Urbana)coreStrategic or Co-development PartnerMunicipal secretariat responsible for public transit regulation, route planning, fare setting, and enforcement in Cuiaba, working with MTU for operational management.
• Arsec (Agência Municipal de Regulação)coreStrategic or Co-development PartnerMunicipal regulatory agency responsible for setting and adjusting public transit fares since 2016, conducting passenger satisfaction surveys and service quality monitoring.
• Consórcio Metropolitano Transportes (CMT)coreChannel Partner/ Reseller/ DistributorCMT operates 57 buses on the Cuiaba-Santo Antonio de Leverger route, part of the transport consortium managed by MTU for integrated transit services.
• União Transportes MunicipalcoreChannel Partner/ Reseller/ DistributorUnião Transportes operates 46 buses serving Várzea Grande municipal routes as part of the MTU consortium.
• Expresso CaribuscoreChannel Partner/ Reseller/ DistributorExpresso Caribus operates 89 buses in the Cuiaba-Varzea Grande region as consortium member.
• Integração TransportecoreChannel Partner/ Reseller/ DistributorIntegração Transporte operates 82 buses with facilities at Rodovia Palmiro Paes de Barros, serving Cuiaba metropolitan transit.
• Rápido CuiabácoreChannel Partner/ Reseller/ DistributorRápido Cuiabá operates 91 buses in Cuiaba as part of the MTU transport consortium.
• VPAR TransportescoreChannel Partner/ Reseller/ DistributorVPAR Transportes operates 107 buses, the largest fleet in the MTU consortium, serving Cuiaba routes.
• RecargaPayminorChannel Partner/ Reseller/ DistributorThird-party recharge platform enabling card reloads through RecargaPay application.
• PicPayminorChannel Partner/ Reseller/ DistributorDigital wallet enabling Pix payments for transportation card recharges.
• BoxPagminorChannel Partner/ Reseller/ DistributorPayment platform integrated with MTU for card recharge services.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Others

• RecargaPay:
• Prodata Mobility: Prodata Mobility provides the back-end technology behind MTU's corporate vale transporte portal (vtclient.cuiaba.prodatamobility.com.br) and is a vendor of electronic ticketing and fleet management systems to multiple Brazilian transit operators.

Emerging players

• Cittamobi: Cittamobi is a Brazilian transit-app provider offering real-time bus tracking and is integrated with MTU's system. It represents a tech-forward peer in the same urban-bus information space, potentially evolving into a broader mobility platform.

Direct peers

• Fetranspor: Fetranspor is the federation of road passenger transport companies in Rio de Janeiro state, performing a similar coordinating role to MTU across multiple operator consortiums, including integrated fare management and ticketing systems for the metropolitan bus network.
• BHTrans: BHTrans is the transit and traffic authority for Belo Horizonte, managing electronic ticketing, route planning, and integration across multiple bus operators in a single metropolitan area—paralleling MTU's scope of activities.
• URBS (Urbanização de Curitiba): URBS manages Curitiba's integrated public transit system, including the metro and bus fare integration product that pioneered temporal fare capping in Brazil. Directly comparable to MTU on integrated ticketing and temporal integration mechanics.
• Grande Recife / CTTU: The Grande Recife consortium and CTTU manage integrated bus transit and electronic fare collection in the Recife metropolitan region, with similar operator-coordination and free-transfer mechanics to MTU's system.
• SPTrans (São Paulo Transporte): SPTrans manages São Paulo's municipal bus system including electronic fare collection via the Bilhete Único card, route licensing, and integration across multiple operators—structurally analogous to MTU's role in Cuiabá-Várzea Grande, though at much larger scale.
• Setuf (Sistema de Estações de Transbordo Urbanos e de Fortaleza): Setuf coordinates Fortaleza's urban transit fare collection and integration across bus operators, using an electronic ticketing model similar to MTU's Cartão Tem for the local metropolitan area.

Broad incumbents

• EMTU (Empresa Metropolitana de Transportes Urbanos): EMTU manages intermunicipal and metropolitan transit in greater São Paulo, including a larger-scale fare integration system. It is a comparable but broader incumbent operating across a multi-municipality region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks1 record

Key highlights7 records

Customer concentration

• Facebookfacebook.com/aamtu
• LinkedInlinkedin.com/company/associa-o-matogrossense-dos-transportadores-urbanos---amtu

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about MTU