Slyd, MENA first electric scooter ride-sharing platform has launched in Cairo, Egypt to give users the freedom to pick up and ride personal electric scooters and drop them whenever they need.
As Bolt plans to launch its Scooter services in more markets including Africa, Slyd aims to hit the ground running and enable users in Egypt to pick up and use scooters to destinations of their choice and then drop them safely after their trips at designated areas and then lock them and pay for the trip via the app. The next user will also need the app to unlock and use the scooters.
Co-founded by Egyptian Mohamed Hamza and Alaa Shalabi, CEO Slyd and former employee at Careem, says Slyd aims to fill the gap left by trains, buses, and cars because of their lack of first and last stop solutions.
Available for both iOS and Android users, Slyd also aims to help tackle the air pollution problem in Egypt and the MENA region with its environmentally-cautious solution. The platform also aims to end the inconvenience caused by trains, buses, and cars which don’t reach the users destination most times, are expensive and not very flexible or mobile.
Currently, Slyd is available at the American University in Cairo (AUC) and is expanding into other parts of the city.
The scooters have unique QR Codes that users scan to unlock the bike and then start the trip. A user parks the scooter at their nearest docking station. Payments are done via the mobile apps and the bikes are also getting anti-theft software to curb theft. The firm also aims to introduce various forms of payments from cash to credit to increase uptake.
Naspers recently invested in Dott, a European-based electric scooter startup.