Tagged: traveling

Katanox, the Travel Accommodation Distribution and Fintech Platform, Secures $5.7M in Capital

Boston Logan Airport Plane Jet Take Off Travel Fly

Katanox, the travel accommodation distribution and Fintech platform, has acquired $5.7 million from a group of financial, hospitality, and tech entrepreneur family offices “to overhaul and reconfigure B2B distribution in hospitality.” The group of investors reportedly “includes Rappi and Yuno co-founder Juan Pablo Ortega, co-founder… Read More

TravelX, Kiu System Solutions to Enable Airlines to Distribute Inventory via Blockchain Tech

Boston Logan Airport Plane Jet Take Off Travel Fly

TravelX, the firm focused on building the travel sector’s blockchain-powered distribution protocol, announced a partnership with Kiu System Solutions via Kiu PSS – the comprehensive commercialization solution “for airlines providing tools to manage inventory, reservations and tickets.” As mentioned in an update shared with CI,… Read More

TravelX, a Blockchain enabled Distribution Protocol, Secures $10M via Initial Funding Round

Blockchain

TravelX, the firm focused on building the travel industry’s blockchain-powered distribution protocol, announced a $10 million seed funding round – which has been led by Borderless Capital (closed last November). Other investors participating in the investment round from the travel, technology and blockchain verticals included… Read More

Fintech Ramp Introduces AI-enhanced Travel Solution, with Insights on Spending, Other Financial Data Points

Travel Suitcase Bag Luggage Airport Roll on Valet

Fintech firm Ramp, which offers a finance automation platform and claims to have one of the fastest-growing corporate cards on the market,  has introduced Ramp for Travel, a new AI-assisted travel solution that enables workers to “book anywhere and gives finance teams an unprecedented level… Read More

European Fintech bunq Adds Features to Make it Easier to Manage Money

Euros iPhone Payments Digital Money

European Fintech challenger bunq notes that managing your funds has become even easier when using their platform. The team at bunq writes in a blog post that consumers do not want to spend a lot of time on money admin, because there are so many… Read More

Fintech Modulr Reveals How Hybrid Working is Changing Corporate Travel Market

Lane Change Ahead

When the COVID-19 crisis struck, working practices changed for many individuals and businesses across the globe. Offices had been closed and corporate travel was at a standstill, as virtual networks began replacing physical networking. Fast forward two years and while lockdowns are easing and conferences… Read More

“Bitcoin Family” Moves to Portugal for its 0% Tax on BTC, Other Virtual Currencies

Praia de São Rafael Albufeira Portugal dan gold unsplash

Didi Taihuttu, who is a member of “Bitcoin Family,” is reportedly settling down in Portugal, which is one of Europe’s crypto tax havens, according to a report by CNBC. Settling down in Portugal is a huge deal for the family of five (originally from Netherlands),… Read More

Pine Labs Subsidiary Qwikcilver, a Provider of Digital Gifting Solutions, Partners with Philippine Airlines

Present Gift Wrap Open Grant

Qwikcilver, a subsidiary of Pine Labs and provider of end-to-end gifting solutions, has teamed up with the Philippine Airlines (PAL) for its digital gift card program. Developed with assistance from travel tech firm Amadeus, this particular program will help PAL to further improve customer satisfaction… Read More

UK Fintech Modulr Explains How Payments-as-a-Service is Helping the Travel Industry to Enhance CX

Fintech UK

Software is “changing the world,” according to an update from UK Fintech Modulr. Modulr writes in a blog post that thanks to Cloud computing and the rise of SaaS (Software as a Service), businesses are now “powered by virtual services rather than having to invest… Read More

Instant Transactions, Real-Time Notifications are Vital to Trusted Payments Process, Modulr Survey Reveals

Time Late Delay Statue

The team at UK Fintech Modulr has done some research in order to find out what “makes paying passengers leave, and what makes them come back.” As noted in a blog post by Modulr, digital transformation has “been on the collective agenda for years.” It’s… Read More

TripActions Introduces Liquid in Europe as Its Super App Offers Comprehensive Travel, Corporate Card, Expense Management Solution

Airport Runway Airplane Jet Travel Engine

TripActions, the comprehensive travel, corporate card, and expense management solution, has announced the launch of TripActions LiquidTM in Europe. Through its partnership with Stripe, TripActions Liquid claims to be “the first — and only — Fintech-powered travel and expense management offering that can support card… Read More

ZA International and Airport Authority Hong Kong Form Partnership to Support Travel Experience Digitalization

Hong Kong International Airport

ZA International and Airport Authority Hong Kong (AAHK) have unveiled an easily accessible travel insurance to “create a seamless and frictionless travel experience through digital acceleration.” ZA International and AAHK seek to “leverage innovative technology and deep experience in passenger flow management” to achieve the… Read More

Luxury Resort and Vacation Property, LynKey, Announces Tokenization and NFT Solutions Project

Drink Cocktail Relax Sunset Beach Vacation

Global platform LynKey, which powers luxury resort and vacation property with blockchain and AI tech, has announced a project for tokenizing and providing NFT solutions of more than $8 billion for travel and tourism by leveraging smart contracts. LynKey will be digitizing luxury resorts and… Read More

iProov and Eurostar Introduce Trial to Offer Contactless Travel at London St Pancras International

Paddington Station Exit Departure Train Leave Travel UK

iProov, a provider of biometric face authentication tech, and Eurostar, the high-speed passenger rail service linking the United Kingdom with mainland Europe, have announced that their trial of a contactless fast-track service, SmartCheck, is currently live. SmartCheck enables passengers to “complete secure ticket verification and… Read More

Insurtech: Hong Kong’s Technology Venture ZA Tech Global Partners with Travel Platform Klook

Departures Hong Kong China Airport

Klook, a travel and leisure booking platform and ZA Tech Global Limited, the technology venture established by ZA International and backed by Softbank’s Vision Fund 1, has  announced a joint venture that will aim to accelerate “the availability and accessibility of travel-related insurance to consumers… Read More

Fintech Klarna Acquires Inspirock, Bringing Travel Planning to its Consumers

Klarna

Klarna, a global retail bank, payments and shopping service, is bringing its signature experience to the travel sector with the acquisition of Inspirock, an online trip planner that enables consumers to explore a destination’s offerings and “create personalized itineraries utilizing local expertise and artificial intelligence.”… Read More

Croatia’s P2P Lender Robo.cash Survey Reveals that Investing as an “Expense” Doubled Since 2019

50 Euros Europe Inspect Review Look

Digital investment platform Robo.cash reveals that it performed a survey in order to examine the most common spending habits or patterns among consumers. According to an update from Robo.cash, the “overwhelming” majority of European investors plan to include summer vacation as a major part of… Read More

Real-time Payments Becoming Widely Adopted across Southeast Asia, with Consumers Preferring Digital Transactions: Survey

Bangkok Thailand Asia

Real-time payments are becoming increasingly common as cash as a payment solution or method for consumers in Southeast Asia, according to research from ACI Worldwide (NASDAQ: ACIW) and YouGov. Three out of five or around 60% of consumers residing in Indonesia, Malaysia, Thailand and Singapore… Read More

Fintech Division Established by Booking.com to Improve Access to Firm’s Global Travel Marketplace

British Airways Jet Plane Travel UK Heathrow London

Booking.com reveals that it has formed a new internal Fintech division in order to support access to the firm’s global travel marketplace for clients and partners. As an international digital commerce firm with business operations in almost every country and city, Booking.com’s goal behind creating… Read More

UK Buy Now Pay Later Travel Agency Butter Secures £15.8 Million Through Latest Investment Round

Adam Smith on iPhone X Money Pounds UK

Butter, a UK-based Buy Now Pay Later (BNPL) platform, announced on Tuesday it secured £15.8 million through its latest investment round, which saw participation from BCI Finance, the credit arm of London based venture builder Blenheim Chalcot, as well as a number of other private Angel… Read More

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