Finance


Reservation technology company Kaptio receives $2.5M for expansion
News / Technology
Reservation technology company Kaptio receives $2.5M for expansion
By Morgan Hines | December 6, 2024
Growth equity fund VEX now has a 70% stake in the Iceland-based company, the terms of the deal were not disclosed. Plus, the company raised an additional $2.5 million. Read More
Travel experiences platform KKday plots expansion following $70M injection
News / Online
Travel experiences platform KKday plots expansion following $70M injection
By Mileva Sapic | December 4, 2024
KKday plans to enhance its market position, invest in artificial intelligence and deepen its presence across the Asia-Pacific region with its latest investment. Read More
Southeast Asia's travel tech sector at pivotal moment for value creation
News / Online
Southeast Asia's travel tech sector at pivotal moment for value creation
By Yeoh Siew Hoon - WebinTravel | December 2, 2024
Southeast Asia’s early-stage investment ecosystem is also helping to create a robust pipeline of potential growth-stage travel tech companies, a factor that makes the region particularly attractive for... Read More
CDS Groupe acquires enterprise resource planning provider SIAP
News / Online
CDS Groupe acquires enterprise resource planning provider SIAP
By Morgan Hines | November 27, 2024
SIAP is an Italy-based provider of software for travel management companies and tour operators, with more than 1,000 clients across the country. Read More
CellPoint Digital raises $30M to further develop its payment solutions
News / Distribution
CellPoint Digital raises $30M to further develop its payment solutions
By Mileva Sapic | November 22, 2024
CellPoint Digital intends to accelerate its global expansion and focus on optimizing payment services with $30 million in fresh funding. Read More
Lighthouse secures $370M in Series C growth investment
News / Technology
Lighthouse secures $370M in Series C growth investment
By Mileva Sapic | November 21, 2024
The investment in Lighthouse will drive product innovation, strategic acquisitions and global expansion. Read More
Apaleo secures €20M for international expansion and tech development
News / Technology
Apaleo secures €20M for international expansion and tech development
By Mileva Sapic | November 20, 2024
Apaleo plans to accelerate its international expansion and attract talent after raising €20 million in funding. Read More
OpenAirlines secures €45M to accelerate eco-flying solutions
News / Online
OpenAirlines secures €45M to accelerate eco-flying solutions
By Mileva Sapic | November 16, 2024
OpenAirlines has secured new funding to advance sustainable aviation technology and support the industry’s decarbonization efforts globally. Read More
Tourlane lands €25M investment for further expansion and tech development
News / Online
Tourlane lands €25M investment for further expansion and tech development
By Linda Fox | November 14, 2024
Germany-based Tourlane plans to put the funding towards further technology development and expanding its reach. Read More
Why is it so hard for female founders to land venture capital?
News / Startups
Why is it so hard for female founders to land venture capital?
By Morgan Hines | November 14, 2024
The percentage of companies founded by women in the United States made up just 6.4% of venture capital deals in 2024 and 2% of venture capital money. Read More
Hot 25 Travel Startups for 2025: Lucia
Interview / Startups
Hot 25 Travel Startups for 2025: Lucia
By PhocusWire | November 11, 2024
Lucia connects service businesses with vetted, industry-specific freelancers in areas like operations, marketing, customer service and concierge support.  Read More
Hot 25 Travel Startups for 2025: Zatlas
Interview / Startups
Hot 25 Travel Startups for 2025: Zatlas
By PhocusWire | November 11, 2024
Zatlas is a Vertical SaaS platform for hotels, trusted by the largest hotel chains across the Americas.  Read More
Trivago reports continued losses, cites impairment charge
News / Online
Trivago reports continued losses, cites impairment charge
By Morgan Hines | November 5, 2024
The hotel metasearch platform said it remains optimistic that it can return to top line growth year-over-year during the fourth quarter in part through disciplined marketing investment decisions. Read More
Booking Holdings' connected trip transactions jump 40% year over year in Q3
News / Online
Booking Holdings' connected trip transactions jump 40% year over year in Q3
By Morgan Hines | October 30, 2024
Booking Holdings brought in total revenue of $8 billion, a 9% increase compared to the same quarter last year, with 39% growth in airline tickets sold.  Read More
How Africa's online travel ecosystem is developing despite huge hurdles
News / Startups
How Africa's online travel ecosystem is developing despite huge hurdles
By Marisa Garcia | October 30, 2024
Amid the growing and increasingly young population in Africa, the online travel sector is developing, but the challenges range from trust and low digital penetration to the lack of funding. Read More
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