What Bypass Routing does

Bypass Routing (legal entity: ionEV ltd) is a UK-based provider of digital EV fleet charging cards, headquartered in Edinburgh. The company issues Visa-branded payment cards delivered natively to Apple Wallet and Google Wallet, enabling commercial fleet operators to pay at any contactless Visa-accepting EV charger across the UK, including the Tesla Supercharger network. The platform wraps the card with fleet management controls — real-time notifications, instant card cancellation, usage tracking, and telematics integrations — alongside automated e-receipt generation that simplifies the 20% UK VAT reclaim process on charging expenses for finance teams.

The product is purpose-built for UK businesses operating EV fleets, addressing the fragmentation of public charging networks, the administrative burden of receipt collection, and the delay of physical card issuance. Revenue is generated through a flat monthly subscription fee per driver with no minimum contract requirement and no additional fees for card issuance or cancellation, supporting a product-led growth motion that allows customers to start with a single driver. Distribution is exclusively digital and self-serve; cards are issued by Stripe Payments UK Limited (an FCA-authorized electronic money institution, firm reference 900461) under the Visa card scheme pursuant to a license from Visa Europe Limited. Named customers span construction, aquaculture, and general fleet management.

In June 2025, Bypass was acquired by LoveElectric, a strategic operating company in the EV charging space, as reported by Daily Business Group and Fleetworld. The company was founded in 2016 (per firmographic data) and operates solely in the UK market.

Name

Bypass Routing

Legal name

ionEV ltd

Website

https://gobypass.com

Company type

Private

Founded year

2016

Operating status

Acquired

Short description

Bypass Routing (ionEV ltd) provides digital Visa-branded EV charging cards via Apple and Google Wallet for UK commercial fleets, enabling payment at any contactless charger including Tesla Superchargers, with automated VAT reclaim and fleet management controls.

Ownership category

akta.pro rank

Product category

EV Fleet Charging Payments

SIC

Transportation Services (4700)

akta.pro primary industry

EV Charging Settlement, Billing & Roaming (Payments, Tariffs, Clearing) (EUAFAMAI)

akta.pro secondary industry

Billing, Payments & Invoicing for Ground (Central Billing, eReceipts) (THACAIAJ)

Keywords

• EV fleet charging
• Fleet fuel cards
• EV charging payments
• Fleet payment solutions
• Fleet expense management

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Driver Subscription Fee: Bypass generates revenue through a flat monthly fee per driver. No additional fees are charged for card issuance or cancellation, and there is no minimum contract requirement. Customers can start with a single driver and scale as needed.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Bypass Routing provides a digital EV fuel card for UK commercial fleets, issued via Apple Wallet and Google Wallet and accepted at any contactless Visa charger including Tesla Superchargers. The platform combines instant driver onboarding, real-time fleet controls, telematics integrations, and automated VAT receipt retrieval to simplify charging expense management and enable the 20% UK VAT reclaim process for fleet operators.

Product overview

Bypass Routing offers a unified digital EV fleet charging solution consisting of the Bypass EV Fuel Card as the core product, supported by digital card delivery via Apple Wallet and Google Wallet, a fleet control dashboard for driver management and tracking, and automated VAT invoice processing. The company was acquired by LoveElectric in 2025. The product operates on a flat fee per driver per month model with no additional card fees.

Differentiator

Problem solved

Functional benefit

Products and services

• Bypass EV Fuel Card

Quantifiable outcome

• 20% VAT reclaim on charging expenses

Named customers3 records

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core and key.

• Stripe Payments UK LimitedcoreOthersStripe Payments UK Limited is an electronic money institution authorised by the Financial Conduct Authority (firm reference number: 900461) and issues the Bypass Visa cards. This is a critical infrastructure partnership for card issuance and payment processing.
• Visa Europe LimitedcoreTechnology or IntegrationCards are issued under the Visa card scheme pursuant to a license from Visa Europe Limited, enabling acceptance at any contactless Visa-capable charger across the UK charging network.
• TeslakeyTechnology or IntegrationFull integration with Tesla Supercharger network, allowing both Tesla and non-Tesla vehicles to charge using the same Bypass card. This integration provides access to Tesla's extensive fast-charging infrastructure.

Recent moves5 records

Expansion highlights4 records

Emerging players

• Plugsurfing: Plugsurfing is a European EV charging roaming platform providing a single app and card for accessing multiple networks. It overlaps with Bypass on network-agnostic EV charging access, with a stronger European footprint but weaker UK fleet-specific workflow tooling.
• Wattif EV: Wattif EV is a Nordic and European EV charging operator and subscription service targeting residential and fleet customers. It is comparable to Bypass on subscription-based fleet EV charging access, though it is more oriented toward charging infrastructure ownership than pure payment aggregation.

Direct peers

• Fleetio: Fleetio is a fleet management software platform that integrates fuel and EV charging data, expense tracking, and telematics. It is comparable to Bypass on the fleet admin and expense management layer that sits on top of charging transactions.
• Octopus Electric Vehicles: Octopus Electric Vehicles operates a UK salary sacrifice and fleet EV leasing business with integrated charging access through the Octopus EV charging network. It is comparable to Bypass because both target UK commercial EV fleet operators with bundled charging access and admin simplification.
• Paua: Paua is a UK-based EV charging card provider for businesses and fleets, offering access to multiple UK charging networks via a single card. It directly overlaps with Bypass on fleet EV charging payment aggregation, network access, and UK SME/mid-market GTM.
• Allstar Fuel Card: Allstar is the largest UK commercial fuel card business, offering fleet cards that cover multiple fuel types and EV charging including Supercharger access. It is the most direct head-to-head competitor to Bypass in UK fleet EV charging payments and is explicitly listed in Bypass's own comparison table.

Broad incumbents

• Shell Recharge (formerly NewMotion): Shell Recharge is a pan-European EV charging solutions provider (formerly NewMotion) bundled within Shell's broader mobility business. It overlaps with Bypass on fleet charging cards and roaming payment acceptance, but operates as part of a much wider incumbent energy and mobility portfolio.
• BP Pulse: BP Pulse is BP's UK EV charging network and fleet charging offering, already a Bypass acceptance partner. It competes indirectly by offering fleets direct network access and bundled fuel/charging cards, while being part of a much larger global energy company.
• ChargePoint: ChargePoint is a large North American and European EV charging network and software provider serving commercial fleets. It overlaps with Bypass on fleet charging management and payment workflows but operates a much broader hardware-plus-software stack.

Others

• Geotab: Geotab is a major fleet telematics provider whose platform integrates EV charging data and fleet energy management. It is adjacent to Bypass through the telematics integration layer that Bypass also relies on for fleet tracking and charging usage monitoring.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/bypasscharge

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Bypass Routing