Alfi, Inc. Surges After Agreement on Fulfillment, Staging and Shipment of Tablets to Uber and Lyft Drivers Nationwide | Financial Buzz

Alfi, Inc. Surges After Agreement on Fulfillment, Staging and Shipment of Tablets to Uber and Lyft Drivers Nationwide

Alfi, Inc. (NASDAQ: ALF), an AI enterprise SaaS platform company powering computer vision with machine learning models to allow content publishers and brand owners to deliver interactive, intelligent information without violating user privacy, announced on Tuesday that it has entered into an agreement with All-Niter for the fulfillment, staging and shipment of the first 10,000 digital tablets to Uber and Lyft drivers nationwide. Alfi stock has jumped more than 80% after the announcement.

“We invested into Alfi before we even thought that we had an opportunity of working with them. When I saw the technology, I was blown away that this was already here and running. My whole family invested in the IPO. This technology platform is disruptive and revolutionary. We want to be a part of it,” comments Miguel Radillo, VP of All-Niter.

Alfi’s technology, when used by rideshare drivers can earn extra income while they drive their customers around. According to Alfi, the Company optimizes its network of digital tablets to help deliver reach, dynamic visuals, and tailored message capability by age, gender, geography, demographics, brand behavior and interests, all in real-time. Alfi’s computer vision can change and run ads remotely to deliver the right content, to the right person, at the right time in a responsible and privacy compliant manner.

Florentino Diaz, Project Manager of Alfi explained, “This is only the beginning. We are going to light up every major city in the USA. There is no other choice when it comes to accurate brand targeting and real data reporting. Nobody does this while remaining privacy compliant.” Diaz comments further, noting, “We have a massive operation unfolding in Miami today with hundreds of Ubers and Lyfts installing Alfi tablets. It’s an epic event and marks the start of our nationwide rollout. What’s most rewarding, is we can help rideshare drivers increase their income and help create employment opportunities with community outreach programs for students.”

Alfi, Inc. provides solutions that bring transparency and accountability to the digital out of home advertising marketplace. Since 2018, Alfi, Inc. has been developing its artificial intelligence advertising platform to deliver targeted advertising in an ethical and privacy-conscious manner.

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