Finance

News / Distribution

Ixigo raises $53M led by Singapore's sovereign wealth fund

By Mitra Sorrells | July 29, 2021

The round also has participation from Bay Capital Holdings, IE Venture Fund, India Acorn Fund, Malabar India Fund and others. Read More

News / Distribution

Amadeus offers Hopper’s travel fintech products to intermediaries and airlines

By Mitra Sorrells | July 27, 2021

In a new two-way partnership Amadeus will offer Hopper’s fintech products to its clients while Hopper gains access to Amadeus’ car rental inventory. Read More

News / Startups

Charting the rise of SPACs in online travel

By Linda Fox | July 27, 2021

About eight travel companies have exited via special purpose acquisition company in recent months, as other SPACs continue to eye the sector. Read More

News / Technology

U.K. banking app Revolut launches travel booking product

By Jill Menze | July 22, 2021

Fintech startup Revolut has launched a travel product called Stays that allows customers to book trips and receive 10% instant cash back. Read More

News / Online

Miles travel rewards platform raises $12.5M

By Mitra Sorrells | July 21, 2021

Miles, which allows users to earn miles for all forms of travel, has raised a total of $20 million since launching in 2018. Read More

News / Online

OYO secures $660M loan, keeps focus on post-pandemic growth

By Kevin May | July 19, 2021

The India-based company initially secured the agreement in May this year for the Term Loan B, a financial mechanism whereby the amortization is set for between five and eight years. Read More

News / Startups

E-commerce fraud fighter Nethone raises $6.7M

By Mitra Sorrells | July 19, 2021

Nethone, a Poland-based startup that provides fraud protection technology for travel suppliers, says it will use the funding to accelerate its go-to-market efforts and to develop new features. Read More

News / Online

SoftBank invests $1.7B into South Korean travel platform Yanolja

By Jill Menze | July 16, 2021

According to Yanolja, despite the impact of the coronavirus pandemic, the company achieved both net growth and gains in operating profit last year. Read More

News / Technology

Expedia Group sells hotel operations platform Alice to ASG

By Jill Menze | July 14, 2021

Expedia Group became a majority stakeholder in Alice after leading a $26 million funding round into the platform in 2017. Read More

News / Technology

Former Uber exec leads $17.5M round into autonomous traffic management platform NoTraffic

By Jill Menze | July 14, 2021

NoTraffic uses artificial intelligence to modernize traffic management and save cities on infrastructure and traffic management costs. Read More

News / Startups

JetBlue Technology Ventures invests in short-term rental analyst Transparent

By Mitra Sorrells | July 2, 2021

JetBlue Technology Ventures says the financing aligns with its goals of “reimagining the accommodation experience” and providing startup-led innovation for JetBlue. Read More

News / Startups

Accor leads $16M investment in Treebo Hotels

By Linda Fox | July 1, 2021

As part of the partnership with Accor, Treebo's Hotel Superhero technology will be implemented in selected properties around the chain's portfolio. Read More

News / Online

Inspirato to go public via SPAC merger with Thayer Ventures

By Kevin May | July 1, 2021

The company has more than 385 upmarket vacation homes on its books and works with 500+ hotel and resort partners to provide inventory for its membership program. Read More

News / Technology

Outdoorsy raises $120M to build out its Roamly insuretech unit

By Kevin May | June 24, 2021

The deal is another sign that travel brands are catching the eye of investors when they create insuretech products. Outdoorsy's Roamly service was originally launched in beta last year. Read More