In line with its continental expansion mission, Nigeria’s leading mobility startup, PlentyWaka which provides hassle-free shared rides on-demand, has announced that it is changing its name to Treepz. This is coming a few weeks after raising $1.2 million seed funding and acquiring Ghana’s leading mobility startup, Stabus.
The startup in a statement said that the move presents an opportunity to align the company name with its Pan-African expansion plan. It will also better represent the vision of the company which is to build the largest shared mobility platform across Africa.
Pronounced ‘Trips’ (Treepz), the company has also released a new company logo. Its core service offerings will remain the same but with new names; Daily Treepz, Travel Treepz, and Corporate Treepz. Its existing mission statement and “black & yellow” brand colours will also be retained for marketing and branding purposes.
Existing users won’t have to take any action as the new app will automatically force an update to the new Treepz experience in Africa.
Its CEO, Onyeka Akumah said that “This name change is a result of in-depth discussions with our stakeholders, partners and staff. With our plans for sub-saharan African expansion in a few months, we discovered the word “waka” means many things different from trips or movement. So, we decided to change it to something exciting that will allow us to scale fast.
Today I’m excited to introduce you to Treepz and you can create many variations from it (my treepz, daily treepz, travel treepz, holiday treepz, corporate treepz)”
The name Treepz embodies everything that happens on the road, travelling across cities, within cities and it gives a cool vibe to the experience, he added.
The new name boldly states our mission to provide safe, convenient and comfortable trips across Africa with plans for our expansion to 6 countries in 2 years on the continent.”