B2B Payments

Lyft Joins The World Of Fleet With LeasePlan Collab

Ridesharing firm Lyft is stepping into the world of fleet management via a new collaboration with LeasePlan, the companies announced on Monday (April 23).

In a press release, Lyft said its Lyft Business unit is working with Car-as-a-Service firm LeasePlan to link corporate clients to fleet and expense management services. Fleet drivers using LeasePlan will be able to use automobiles booked through Lyft when their own vehicles are in service, while companies can automatically manage the expense of this process.

“Our fleet clients are looking for ways to better control each aspect of their budgets, including ride hailing,” said LeasePlan USA President and CEO Jeff Schlesinger in a statement. “Many are also incorporating policies to address the ever-changing point-to-point service, and they need a partner to help manage it. That’s where the LeasePlan/Lyft relationship comes in.”

“Together with LeasePlan USA, we’re looking forward to providing thousands of organizations with better alternatives to traditional fleets — creating more flexibility and convenience, alongside better access to data,” said Lyft Business area Vice President Ben Sternsmith in another statement.

LeasePlan enables businesses to manage their fleets from vehicle procurement through maintenance and resale. Its collaboration with Lyft is part of its broader mobility efforts, the company said.

“The transformation journey we started a year ago has delivered a key milestone in the U.S. market. We can now proudly say we are a mobility hub,” said LeasePlan USA Chief Commercial Officer Ricardo Fonzaghi.

Lyft introduced its Lyft Business service to embrace the growing portion of corporate travelers using its service, making it easier for them to manage company expenses when employees use the app. Earlier this year, the company linked with American Express Global Business Travel, a deal that sees Amex GBT integrating Lyft services into its platform to streamline booking for corporate customers.

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