Massive round this week of $90 million into Uplift, the online travel revenue optimization service that allows consumers to pay in monthly installments.
The investment comes in two forms: a $75 million credit facility in partnership with funds from the Fortress Investment Group and a $15 million equity round.
The equity element comes from previous backer PAR Capital and includes participation from Draper Nexus and Highgate Ventures.
Erik Blachford, ex-CEO of Expedia, has also joined the equity deal.
The company says the total investment will allow it to expand its lending capacity to $200 million.
Subscribe to our newsletter below
The company's core product is the UpLift Pay Monthly service - used by the likes of United, JetBlue, Southwest, WebJet, American Airlines and others.
The program allows users to make monthly installments for a product, at the same time time as earning loyalty points or miles.
Founder and CEO, Brian Barth, says: "There is an acute need for travel‐specific solutions that make consumer travel more affordable, accessible and rewarding, while providing upside revenue opportunities for suppliers without any operational impact."
The former-founder of SideStep adds the new investment will be used to accelerate its expansion to other sectors of the industry, as well as reach brands in other countries.
The company's last round was a Series A worth $8.2 million in 2014.
UpLift at The Phocuswright Conference 2017