Ramp is yet another fintech newcomer that plans on disrupting corporate travel and expenses. Is its automated twist enough to help it stand out in a saturated market?
Traveloka knows how to go local in Indonesia and some other countries in the region, and that's one element of its traction in these markets. But can local ever be too local when online travel agencies mull international expansion?
Travel startup Hopper has raised $175 million in additional investment, underscoring the potential of its financial services products and offering an interesting case study in new appetites in travel for fintech. It seems very much in the cards that the company will go public by, say, 2022.
A $200 million funding round, coupled with new products from its recently acquired travel division, will see the Singapore startup Nium venture into the U.S.
Amadeus will distribute Hopper's upsells, such as trip cancellation protection, for consumers to add when buying from airlines and agencies. Seems like B2B2B2C is the new business-to-consumer (B2C).
In Skift’s top stories this week, United sees a potential full recovery in 2022, Kayak launches Kayak for Business, and Canada reopens its borders for fully vaccinated U.S. travelers.
Fintech is trending, and likewise for superapps in certain parts of the world. Getting into travel is too delicious to resist, but the world is not ending for incumbent travel competitors.
Hopper makes more money on add-on, fintech-oriented services than on selling travel — even the usually juicy hotel business. The business isn't profitable but who cares when grabbing market share is on the agenda.
In Skift’s top stories this week, Dominica sets eyes on a new international airport, Amtrak plans for an expensive upgrade, and Mexico reaches pre-pandemic levels of travel.