Parklet
Parklet turns empty parking spaces into a shared city resource
ABOUT THE COMPANY
Parklet is a Swedish parking platform built on a simple observation: most cities have plenty of parking. It's just in the wrong hands at the wrong time.
A housing cooperative's spaces stand empty through the workday while commuters circle the block two streets away. A company lot is full on weekdays and deserted on weekends. Parklet connects the two sides.
Through Parklet Share, private individuals, housing cooperatives, property owners and companies list their parking spaces for the hours they don't use them. Drivers find a space on the web or in the mobile app, book the time they need, pay, and park.
Parklet was founded by Erika Koning, who runs the company as CEO. Her longer ambition reaches past the booking flow: a parking system where the car itself finds the space and handles the payment, with no app to open and no parking ticket to worry about.
THE CHALLENGE
On the surface, a parking marketplace looks simple. Find a space, pay, park. Underneath, Parklet had three hard problems to solve before the first booking could go through.
The first was trust. A homeowner renting out their driveway to a stranger needs to know who is parking there. The driver needs to know the space exists and that the person renting it out has the right to. Without verified identities on both sides, peer-to-peer parking invites no-shows, disputes and misuse, and housing cooperatives won't open their spaces to it.
The second was money. Every booking pays at least two parties. The driver pays for the booked time, the space owner receives their share, and Parklet takes its commission. Handling that through a generic checkout with manual payouts and month-end reconciliation adds cost and delay for every transaction. It also gets harder as owners grow from a handful of individuals to cooperatives managing dozens of spaces.
The third was inventory. A parking space is a moving target. It's free on Tuesday morning, booked on Tuesday afternoon, and in the owner's own use on the weekend. The platform needs one reliable record of every space: who owns it, where it is, and what state it's in at any given moment. Without that, double bookings follow.
Parklet's long-term vision raised the bar further. If cars are going to park and pay on their own, identity, ownership and payment all have to be machine-readable from day one. Retrofitting that later means rebuilding the platform.
For a startup, building all three layers in-house would have taken years and a much larger team.
THE SOLUTION
Parklet runs on infrastructure from Neuro (Trust Anchor Group), which provides digital identity, programmatic payments and asset digitization as a managed service. Three layers do the heavy lifting.
Verified identity with Neuro Access. Users onboard through Neuro Access, which handles identity verification, or KYC (Know Your Customer). The owner listing a space and the driver booking it are both verified people. Agreements between them can be signed digitally with a legally binding signature. For a housing cooperative, that's the difference between "someone is using space 4" and "a verified user with a signed agreement is using space 4."
Payments that split themselves. Every booking runs on Neuro's programmatic payment technology, built on the patented e-Daler® technology. Programmatic means the rules live inside the payment. When a driver pays for booked time, 85% goes to the space owner and 15% to Parklet, automatically and at the moment of payment. There are no manual payouts and nothing to reconcile at month-end. Conditioned payments let money move only when the agreed conditions are met.
Every space as a digital asset. Each parking space is defined as a digital asset on Neuro's infrastructure, with its owner, location and current status attached. The status updates as the space is booked and released, which gives Parklet, the owner and the driver the same view of what's available. One record per space means no double bookings and a clear trail of who used what, and when.
The three layers connect. A verified owner lists an asset, a verified driver books it, and the payment settles to the right accounts on its own.
That connection is also what makes Parklet's automation roadmap realistic. Identity, ownership and payment are already machine-readable, so a car that books and pays for its own parking builds on the same foundation Parklet Share already runs on.
THE RESULT
Parklet Share is live on the web and as a mobile app. Space owners, from private individuals to property owners, list their spaces in a few steps, and drivers book and pay in a few taps.
Behind that simple flow, Parklet operates a two-sided marketplace with verified users, signed agreements and automated revenue splits. It does so without building its own identity, payment or ledger stack. That lets a small team spend its time where it matters most for a young marketplace: growing the community of owners and drivers and improving the product.
The same infrastructure carries the next steps. Parklet Admin, a tool for housing cooperatives to manage and share their parking spaces, is next on the roadmap. After that comes Parklet Auto, automated parking and payment where the car handles the transaction.
There's a broader lesson here for anyone building a marketplace. Any platform that moves money between strangers faces the same three questions Parklet did: who are these people, how does the money reach the right place, and what exactly is being traded. Answer them in the infrastructure, and the product team gets to focus on the product.
KEY OUTCOME
Categories
Trust Services
Digital Assets
Payments
Solutions
KYC/KYB as a service
Digital Identity
Embedded Payments
Country
Sweden
