Uber charges drivers a 25% commission and high prices to riders. InDriver is cheap but chaotic and unsafe. Latin America deserves better.
Lyft-level quality, lower prices than InDriver, and 89% of the fare for drivers. Platform commission of 11%, configurable from the admin panel.
89% for drivers
9 key Latin American markets. Market, trip, and revenue projection by country for the digital ride-hailing niche.
Market, trip, and revenue projection (by country)
$7B
Combined digital TAM
9
Markets analyzed
Digital market (annual)
Avg. daily trips per driver
Main cities (niche daily trips)
Total niche (top 2 cities)
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Digital market (annual)
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Main cities (niche daily trips)
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Digital market (annual)
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Main cities (niche daily trips)
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Digital market (annual)
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Main cities (niche daily trips)
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Digital market (annual)
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Main cities (niche daily trips)
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Digital market (annual)
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Main cities (niche daily trips)
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Digital market (annual)
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Main cities (niche daily trips)
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Digital market (annual)
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Main cities (niche daily trips)
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Conservative scenario: last measurable position in each market with trip, average fare, and revenue projections.
Competitors and market shares
Your projected position
Total niche (top 2 cities)
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Annual revenue (365 days)
Competitors and market shares
Your projected position
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Annual revenue (365 days)
Competitors and market shares
Your projected position
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Your projected position
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Annual revenue (365 days)
Competitors and market shares
Your projected position
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Your platform daily trips
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Quarterly revenue (90 days)
Annual revenue (365 days)
Competitors and market shares
Your projected position
Total niche (top 2 cities)
Your platform daily trips
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Quarterly revenue (90 days)
Annual revenue (365 days)
Competitors and market shares
Your projected position
Total niche (top 2 cities)
Your platform daily trips
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Quarterly revenue (90 days)
Annual revenue (365 days)
Competitors and market shares
Your projected position
Total niche (top 2 cities)
Your platform daily trips
Average fare per trip
Quarterly revenue (90 days)
Annual revenue (365 days)
Competitors and market shares
Your projected position
Total niche (top 2 cities)
Your platform daily trips
Average fare per trip
Quarterly revenue (90 days)
Annual revenue (365 days)
Simultaneous launch across 9 markets, stuck at the last measurable position in each.
238,920
Trips processed/day
US$ 9,508,790
Consolidated quarterly billing
US$ 38,503,085
Consolidated annual billing
Uber and Cabify sit at high quality with high prices. InDriver sits at low quality / low price. Tryps owns the high quality / accessible price quadrant.
Cheap ← → Expensive
Tryps charges an 11% commission on each completed and paid trip. The remaining 89% goes to the driver. Referral commissions are deducted from platform margin, never from the driver.
The driver always receives 89%. Referral commissions are deducted from platform margin.
Fare components
Trip categories
Moto, wait & save, standard, priority, comfort, black, XL, XL black, XXL, and XXL black.
Demand factor (surge) up to 1.25× on eligible categories (not moto or wait & save).
Payments and withdrawals
Withdrawals: Withdrawable balance = pending earnings − platform commission owed. Dominican bank account.
Each user receives a unique 8-character code. The referrer earns 1% of each referred user's trips indefinitely. Referred clients receive a RD$250 welcome credit.
| Referrer | Referred | Referred user benefit | Referrer benefit |
|---|---|---|---|
| Any user | Client | RD$250 welcome credit | 1% of each referred trip, indefinitely |
| Any user | Driver | No welcome bonus | 1% of each referred trip, indefinitely |
Settlement — RD$1,000 trip with 1 referrer
If driver and rider were referred by different people, Tryps retains RD$90 net (11% − 2%).
Conservative projections for Dominican Republic as launch market. Estimated break-even month 14–18.
Year 1
Trips/day
2,000 – 4,500
Estimated revenue
~$500K USD
Year 2
Trips/day
18,000 – 35,000
Estimated revenue
$2 – 4M USD
Viral referrals, B2B alliances with companies and hotels, local content on TikTok and Instagram. Campaign: "Travel better, pay less".
LATAM expansion in 3 phases: short term (Santiago DR, Colombia, Argentina, and Chile), medium term (Panama, Costa Rica, and Peru), and long term (Brazil and Mexico).
Short term
Months 1–3Santiago (Dominican Republic), Colombia, Argentina, and Chile
Medium term
Months 4–12Panama, Costa Rica, and Peru
Long term
Years 2–3Brazil and Mexico
Safety system superior to Uber: biometric verification, real-time tracking, panic button, and 24/7 local support.
Amount requested: TBD. Investors hate vagueness — every dollar has a clear destination.
Amount requested: TBD
In 3 years: leader in accessible mobility across 9 LATAM countries, 238K+ trips/day, and 5–8x target return for seed investors.