Articles tagged “fintech”

Wex Buys Enett From Travelport for $1.7 Billion in a Travel Payments Mashup

Wex Buys Enett From Travelport for $1.7 Billion in a Travel Payments Mashup

Sean O'Neill, Skift

With this deal, Wex now becomes a powerhouse in assisting business-to-business travel payments worldwide. The deal also gives cash to seller Travelport, which might use the money to expand its airline tech offerings.

4 weeks ago

Rented’s New $125 Million Arm Aims to Give Steady Income to Vacation Home Owners

Rented’s New $125 Million Arm Aims to Give Steady Income to Vacation Home Owners

Sean O'Neill, Skift

Property managers are racing to sign up new rentals, and online agencies are racing to add new inventory. A new model that promises to guarantee incomes may lure more homeowners into the pool and extend the vacation rental tech boom.

2 years ago

Travel Companies Start Lending Consumers Money to Book Trips

Travel Companies Start Lending Consumers Money to Book Trips

Sean O'Neill, Skift

Companies ought to carry out adequate checks on the ability of borrowers to repay travel loans on time. Otherwise, a surprise disruption such as an Icelandic volcano or an economic downturn could prompt defaults.

2 years ago