What Waltti Solutions does

Waltti Solutions Oy, founded in 2013 and headquartered in Helsinki, Finland, operates a nationwide public transport ticketing, payment, and travel information platform serving 19 Finnish cities and urban regions. The company is wholly owned by Helsinki Region Transport (TVV) and 18 Finnish urban regions, functioning as a municipal shared IT services entity rather than a venture-backed private company. Its core technology is an account-based ticketing system in which ticket entitlements are stored server-side and bound to a customer travel account, enabling use across physical travel cards, the Waltti Mobiili mobile app (iOS/Android), and contactless EMV bank card payments on board vehicles.

The product portfolio centers on the Waltti travel card and the Waltti web store (kauppa.waltti.fi) for card loading and account management, supplemented by the Waltti Mobiili app for mobile ticketing and real-time journey planning. Back-end systems include a centralized customer data filing system, the WalttiPro Benefits Register for employer- and authority-granted entitlements, and the Waltti Public GTFS Realtime API exposed via opendata.waltti.fi. Waltti co-developed the Digitransit open-source journey planner with HSL and Traficom, providing routing, geocoding, and map services, and integrates with Kela for school transport subsidies, Opintopolku for student verification, the Digital and Population Data Services Agency for domicile checks, and payment providers Paytrail, MobilePay, Apple Pay, and Google Pay.

The business model is dual-sided. On the B2B side, Waltti earns recurring service and maintenance revenue from ticketing and payment system contracts with its owner municipalities and regional PTAs; on the B2C side, it generates transaction-based revenue from travel card sales and loading, mobile ticket purchases, and the Waltti Commuter Benefit (WalttiPro) employer-subsidized program that allows tax-free fringe benefits up to defined annual limits. End customers comprise individual passengers (adults, youth, students, seniors, children), secondary education students receiving Kela subsidies, employers offering commuter benefits, and public transport operators using Waltti-compliant vehicle equipment. Distribution is multi-channel: digital (web shop, mobile app, developer portal), physical (city service points, R-kiosk retail network), and on-board (vehicle loading and contactless EMV payment). The company serves hundreds of thousands of daily users across the Waltti network.

Name

Waltti Solutions

Legal name

Waltti Solutions Oy

Website

https://waltti.fi

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Waltti Solutions Oy operates a nationwide public transport ticketing, payment, and travel information platform serving 19 Finnish cities and urban regions. Owned by Helsinki Region Transport and 18 municipalities, it provides account-based travel cards, a mobile app, contactless fare payment, and an open data API.

Ownership category

akta.pro rank

Product category

Public Transport Ticketing Software

NAICS

Transit and Ground Passenger Transportation (485)

SIC

Transportation Services (4700)

akta.pro primary industry

Integrated Ticketing & Fare Management (Capping, Passes, Validators) (THADALAC)

akta.pro secondary industries

Mobile Ticketing & Digital Pass Apps (THAIAMAB), Transit & Mobility Fare Cards (Stored Value) (FSAMANAG), Mobility Payments & Wallets (Transit + Mobility) (THADALAD)

Keywords

• Public transport ticketing
• Transit payment systems
• Travel card infrastructure
• Mobile fare collection
• Passenger information systems

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. Ticketing System Services to Municipalities: Waltti provides ticketing and payment system maintenance and development services to its owner municipalities and public transport authorities. Revenue comes from system operation, maintenance contracts, and service provision agreements with cities.
2. Travel Card Sales and Loading: Revenue generated from sale and loading of travel cards through the Waltti web shop, service points, and third-party vendors. Transaction fees may apply for card loading and product purchases.
3. WalttiPro Employer Commuter Benefits: Employer-subsidized commuter tickets as employee benefits. The ticket is a tax-free fringe benefit provided the value does not exceed 300 euros per year.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels6 records

Core offering

Waltti Solutions provides an account-based public transport ticketing and payment system used across 19 Finnish cities and urban regions. Its core offering is a reloadable travel card accepted across all Waltti cities, supported by a shared web store, a mobile ticketing app (Waltti Mobiili), on-board contactless bank-card payment, and an employer commuter-benefit program. The platform integrates with Kela's school-transport subsidy system, Opintopolku student verification, and exposes real-time data through a public GTFS-Realtime API and the Digitransit journey planner.

Product overview

Waltti Solutions provides a nationwide public transport ticketing and payment ecosystem for Finland's urban areas, owned by TVV lippu- ja maksujärjestelmä Oy and 18 urban regions. The core offering centers on the Waltti travel card — a reloadable smart card accepted across 18+ cities with zone-based pricing — supplemented by the Waltti Mobiili mobile app (iOS/Android) for mobile ticketing and real-time journey planning, the Waltti web store for online card loading and account management, and a contactless bank-card payment feature for on-board fare payment. The Waltti Commuter Benefit enables employer-subsidized commuter tickets. Backend systems include the customer data filing system (ticketing registry), the WalttiPro Benefits Register, and the Waltti Developer Portal providing the Waltti Public GTFS Realtime API. Waltti is integrated with Digitransit for journey planning, Kela's OmaKela for school transport subsidies, Opintopolku (Studyinfo) for student verification, and payment providers including Paytrail, MobilePay, Google Pay, and Apple Pay.

Differentiator

Problem solved

Functional benefit

Brands

• Waltti Mobiili: Mobile ticketing application for purchasing and displaying tickets on smartphones
• Waltti Pro
• Waltti Travel Card

Products and services

• Waltti travel card Reloadable smart card for public transport fares across 19 Finnish urban regions, supporting zone-based pricing, single tickets, value tickets, and season passes. Cards can be loaded online, at service points, kiosks, and on-board vehicles.
• Waltti Mobiili (Waltti Mobile) Mobile ticketing app for iOS and Android allowing purchase of single, daily, and season tickets displayed on the phone screen. Includes a journey planner with real-time route information using the Digitransit platform.
• Waltti web store (Waltti-kauppa) Shared online store for all Waltti cities enabling users to load value and season tickets onto travel cards, purchase new personal travel cards, and manage account benefits. Multi-language support (FI, EN, SV).
• Waltti Public GTFS Realtime API Developer-facing open data API providing real-time public transport data including stop predictions, vehicle positions, and service disruptions across all Waltti cities, published via the Waltti Open Data portal.
• Waltti Commuter Benefit (Waltti Työmatkaetuus / WalttiPro) Employer-subsidized commuter ticket program offering a tax-free fringe benefit for employees commuting between home and work. Employer subsidy is annual, with multi-user company cards and administrative tooling.
• Digitransit journey planner Next-generation journey planner developed jointly with HSL and Traficom, providing routing, real-time schedules, geocoding, maps, and points of interest for public transport across Waltti cities. Open-source components available on HSLdevcom GitHub.
• Koulumatkatukilippu (School transport subsidy ticket) Ticket product integrated with Kela's school transport subsidy system, enabling eligible upper-secondary students to purchase subsidized monthly (30-day) or half-month (14 travel days) passes for journeys between home and school.
• Contactless payment on board (Lähimaksu) Pay-as-you-go fare payment directly with a contactless bank card or mobile payment app (Apple Pay, Google Pay, MobilePay) on board buses, without needing a pre-loaded travel card or mobile ticket. Receipts can be retrieved by card number.

Quantifiable outcome

• Service available across 19 Finnish cities/urban regions
• +2 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature6 records

Partnerships

Four partnerships are on record, tiered core and major.

• HSL (Helsinki Regional Transport)coreStrategic or Co-development PartnerCo-developer of Digitransit platform alongside Waltti Solutions and Traficom. HSL operates Helsinki metropolitan area public transport and is co-owner of Waltti Solutions through TVV.
• Traficom (Finnish Transport and Communications Agency)coreStrategic or Co-development PartnerCo-developer of Digitransit next-generation journey planner platform. Traficom is the Finnish regulatory authority for transport and communications.
• Digitransit ConsortiumcoreStrategic or Co-development PartnerMulti-component open source journey planner providing UI, routing, background maps, geocoding, and real-time public transport data APIs. Components available on HSLdevcom GitHub.
• Kela (Finnish Social Insurance Institution)majorTechnology or IntegrationIntegration enabling students receiving school transport subsidies to purchase subsidized tickets through Waltti platforms. Purchase rights verified against Kela system for each transaction.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Littlepay: Payment-acceptance platform purpose-built for public transport, enabling contactless EMV, mobile wallets, and account-based back-office. Comparable to Waltti's contactless 'Lähimaksu' functionality and payment-orchestration layer.
• Masabi: UK-based provider of mobile ticketing, account-based ticketing, and fare-validation SaaS for transit agencies globally. Comparable on account-based architecture, mobile ticketing scope, and B2G sales motion to public transport authorities.
• Entur: Norwegian state-owned company providing nationwide public transport data, journey planning (ruter), and ticketing infrastructure. Closest analog to Waltti given Nordic ownership model, multi-authority mandate, and focus on data and routing rather than operating.
• Samtrafiken: Swedish national public transport cooperation body that operates Resplus and similar nationwide ticketing interoperability across Swedish regions. Highly comparable as a publicly-owned, multi-municipal transit ticketing and travel-information consortium in a Nordic market.

Emerging players

• Corethree: UK-based mobile ticketing specialist focused on account-based ticketing and passenger information for bus operators. Comparable on mobile/ABT platform for municipal transit, with narrower scope than Waltti's 19-city footprint.

Broad incumbents

• Cubic Transportation Systems: Global incumbent in transit ticketing and fare collection (e.g., Oyster, Ventra, Opal). Comparable as a full-stack fare management vendor for municipalities, though at much larger scale and with broader geographic reach.
• Thales Ground Transportation Systems: Global vendor of fare collection, tolling, and transit solutions for public transport authorities. Comparable on B2G fare management sales, though much larger and operating across multiple transport verticals.
• INIT (Hanseatic Transportation Solutions): German provider of integrated public transport IT including ticketing, planning, and dispatching. Comparable on multi-modal transit software for European municipalities, though broader portfolio than Waltti's ticketing focus.
• Scheidt & Bachmann: German supplier of fare collection and ticket vending systems for rail and urban transit. Comparable on fare management infrastructure sold to transit authorities, though primarily hardware-and-software legacy systems.

Regional players

• Vix Technology: Australia/NZ-headquartered provider of integrated transit ticketing, smart cards, and account-based platforms. Comparable on multi-modal fare management for regional authorities, but geographically focused on APAC rather than Europe.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/tvv-lmj-oy

Revenue estimate

Valuation estimate

Number of profiles

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 Waltti Solutions