Investments

News / Technology

PhocusWire Pulse: Progress In Travel Payments

By PhocusWire | July 29, 2021

We look at issues and trends ranging from delayed payment programs, fintech divisions in major travel brands, credit cards, customer trust and much more. Read More

News / Technology

Revinate acquires direct booking platform NAVIS

By Mitra Sorrells | July 27, 2021

Terms of the acquisition have not been disclosed, but Revinate says its investor and partner, Serent Capital sponsored the deal. 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 / Startups

Bbot lands $15M for hospitality ordering and payment service

By Linda Fox | July 22, 2021

The latest raise brings Bbot's total to just over $22 million following a $4 million investment announced in January this year. 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

VIDEO: Tracking the journey for women founders in travel

By PhocusWire | July 19, 2021

Three women who have created travel companies discuss their personal experiences and the role of gender in the industry at large. 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 / Online

Travel insurance platform Setoo merges with Pattern

By Kevin May | July 16, 2021

Setoo was created in 2017 with a vision to provide travel businesses a way to automate the insurance process and to develop personalized cover plans for each traveler. 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 / Technology

SITA acquires aviation sustainability tech platform Safety Line

By Kevin May | July 13, 2021

Safety Line was created in 2010 by Pierre Jouniaux, with a strategy to organize and manage data for airlines so that they can make decisions that reduce fuel consumption and subsequent CO2 levels. Read More

News / Startups

Ola revs up with $500M investment, IPO in the works

By Linda Fox | July 12, 2021

Ola is continuing to scale its business in different categories and geographies. 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

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