2C2P Raises $52 Million for Payments Tech: Travel Startup Funding This Week


Skift Take

This week, travel startups announced more than $101 million in funding for a range of concepts, including cross-border payments technology, short-term property management services, digital marketing help, and hotel tech.

Series: Startups This Week

Travel Startup Funding This Week

Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at jd@skift.com if you have funding news.
This week, travel startups announced more than $101 million in funding. >>2C2P, a payments-processing service, has raised $52 million in Series E funding. The World Bank's International Finance Corporation, Cento Ventures, and Arbor Ventures participated. The startup has now raised $70 million since its founding in Bangkok in 2003. 2C2P isn't a travel startup. But travel companies currently make up the most significant slice of its clients for digital payment services. The startup assists regional airlines, online travel companies, and other e-commerce players in accepting and processing cross-border currency payments from customers in Southeast Asia. >>Decibel, a provider of digital experience intelligence solutions, has raised $17 million in Series B funding. Draper Esprit led the round in the Londo