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Articles tagged “fintech”

Online Travel

Russian Startup Takes Page From Software Industry With Travel-As-a-Service Model

Even if you're not interested in the Russian travel market, OneTwoTrip's early traction with what it calls its "travel-as-a-service" model may have inspirational lessons for companies worldwide.

Russian Startup Takes Page From Software Industry With Travel-As-a-Service Model

Online Travel

Booking Holdings’ New Fintech Unit Aims to Help Travelers Beat Banks at Their Own Game

Bookings Holdings Fintech boss Daniel Marovitz says payments is arguably the world's largest industry. Across the online travel universe, look for payments to eventually become a line item — and very material to companies' financials.

Booking Holdings’ New Fintech Unit Aims to Help Travelers Beat Banks at Their Own Game

Mergers and Acquisitions

AirAsia Digital Buys Superapp Gojek’s Thailand Operations for $50 Million

In an intensifying superapp rivalry in Southeast Asia, Gojek handed its Thailand business to AirAsia Digital in the face of competition from Grab. While these leading superapps battle, AirAsia Digital is being taken more seriously. After all, it has airplanes and a profitable logistics business to add to the mix.

AirAsia Digital Buys Superapp Gojek’s Thailand Operations for $50 Million

Online Travel

RV Rental Sharing Gets Boost From New $120 Million Investment for Outdoorsy

Investors are betting that the trend in renting RVs won't run out of gas after the pandemic wanes. They've funded Outdoorsy, an Airbnb-type service for recreational vehicles. Investors think the startup's new private vehicle insurance product will help accelerate the RV trend.

RV Rental Sharing Gets Boost From New $120 Million Investment for Outdoorsy

Online Travel

Latin America’s Despegar Turns to Its Acquisitions for Pandemic Improvements

Like Traveloka in Indonesia, Argentina's Despegar is making strides in financial services. Amsterdam-based Booking.com is busy building a payments platform, and Grab Taxi in Southeast Asia has a lending and insurance arm. Megatrend, yes.

Latin America’s Despegar Turns to Its Acquisitions for Pandemic Improvements

Online Travel

Traveloka Targets Vietnam, Thailand for Launching Financial Services Ahead of Possible IPO

Traveloka’s chief operating officer said at Skift's Online Travel Summit in mid-February that the Indonesia-based online travel agency was investing heavily in financial services. Now, we have details on its plans for Thailand and Vietnam.

Traveloka Targets Vietnam, Thailand for Launching Financial Services Ahead of Possible IPO

Online Travel

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

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.

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

Online Travel

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

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.

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

Online Travel

Travel Companies Start Lending Consumers Money to Book Trips

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.

Travel Companies Start Lending Consumers Money to Book Trips