Allstar’s parent company, FLEETCOR, acquires Mina and its at-home charging capabilities after a successful two-year investment and partnership

London, UK – FLEETCOR® UK, a leading global business payments company, has acquired Mina, a cloud-based digital electric vehicle (EV) re-charging software platform. After a successful investment and two-year partnership, the acquisition provides Allstar’s parent company with the market-leading home charging software company for commercial fleets in the UK and reinforces its commitment to supporting the transition to EV.

The acquisition gives Allstar the UK’s only EV re-charging solution that captures, calculates and pays for at-home business-use charging directly to the energy provider, Mina HomeCharge ®. Also branded as Allstar Homecharge, the solution allows commercial fleets to replace cumbersome employee reimbursement processes for at-home EV re-charging with a more accurate, controlled and streamlined alternative for employers and employees. Combined with Allstar’s market leading on-the-road EV charging capabilities, fleet managers now have access to a comprehensive suite of turnkey EV charging solutions that will help effectively manage their transition to EV.

The deal follows FLEETCOR’s recent acquisition of Plugsurfing and investment in Zap-Map, which both complement the extensive on-the-road fuel and EV network built by Allstar across the UK.  In addition, Allstar continues to invest significantly in building out products and capabilities that not only help fleets move to EV but also solve the complexities associated with managing mixed fleets.

Alan King, Group President, Global Fleet at FLEETCOR, said: “Our goal is to provide companies of all sizes with a better way to pay. In the fleet space specifically, this acquisition means that our customers can now benefit from a full suite of comprehensive payment and reporting solutions for on the road and at home charging regardless of whether they operate ICE, EV, or mixed fleets.”

Tom Rowlands, Global MD of EV solutions at FLEETCOR, added:“After working closely together with Mina for two years and seeing first-hand how the solution makes home charging simple, fair and secure for both employees and companies that operate some of the largest fleets in the UK, I am excited to officially welcome the Mina team to FLEETCOR. Unifying Mina with FLEETCOR enables us to roll out this market leading home charging solution more easily and quickly, not just in the UK, but also take it to other geographies.”

Ashley Tate, CEO and Co-Founder of Mina, commented: “In less than three years we’ve seen Mina grow from an idea, to enabling some of the largest fleets in the UK to transition to EV. None of this would have been possible without the support from FLEETCOR, who have believed and invested in Mina since we first came under their radar back in 2021. I’m extremely excited to continue this journey with the FLEETCOR team.”

ENDS

About FLEETCOR^®

FLEETCOR Technologies (NYSE: FLT) is a leading global business payments company that helps businesses spend less by providing innovative solutions that control expense-related purchasing and payment processes. The FLEETCOR portfolio of brands automate, secure, digitize and manage payment transactions on behalf of businesses across more than 100 countries in North America, Latin America, Europe, and Asia Pacific.  For more information, please visit www.FLEETCOR.com.

FLEETCOR UK, which has Allstar®, Keyfuels®, The Fuelcard Company®, epyx® and r2c® among its UK brands, provides a comprehensive and market leading suite of fuel payment, expense management and fleet management solutions. These support business of all sizes, from sole traders to the UK’s largest leasing companies, regardless of whether they operate fossil fuel, electric or hybrid fleets, cars, vans or heavy goods vehicles.

About Allstar
Allstar is one of the UK’s market leading fuel, EV and expense card providers for businesses, with over 40 year’s expertise.  

Accepted at over 90% of fuel sites across the UK, it has over 1.2 million cards in circulation across 50,000 businesses, giving drivers’ access to fuel spend across all supermarkets, major oil companies and motorway fuel sites. The network encompasses around 7,700 sites nationwide, alongside more than 3,400 charging locations and over 10,200 charge points across its growing electric vehicle charging network.  

For more information, please visit: www.allstarcard.co.uk

About Mina

Mina is an award-winning Electric Vehicle (EV) charging payment startup with a mission to make EV charging radically simple. Mina has the UK’s only charging solution which allows fleet vehicles to be charged at home, crediting payment for the drivers’ energy used directly to their energy supplier. This makes paying for EV charging accurate and easy for employers and employees. For more information, please visit www.mina.co.uk.