The Wrap: It’s all about partnership – STB with Traveloka and Trans Digital, Trip Affiliates Network with TX Travel Indonesia
THE Wrap is a round-up of news in the travel and technology sector – new partnerships, product launches, aviation industry updates, innovative solutions, and more …
STB, Traveloka, Trans Digital Media join forces to revitalise Indonesians’ wanderlust to visit city state
SINGAPORE is gear [...]
Fintech investment high priority for travel businesses to capture rebound
NINE out of 10 leaders in the travel businesses view fintech and payments as a high priority, while 80% of businesses stated they plan to match or go beyond 2019 investment level this year.
According to Amadeus' Travel Fintech Investment Trends 2022 report, which surveyed over 70 senior leaders f [...]
Pace breaks into travel, Shangri-La makes first move into BNPL
SHANGRI-LA Hotels and Resorts in Malaysia has signed a partnership with BNPL startup, Pace, the first for the hotel group to delve into the Buy Now Pay Later space and for Pace, its first break into travel and hospitality. WiT speaks to Turochas ‘T’ Fuad, founder & CEO, Pace and Katie Robert [...]
BNPL operator Pace acquires fintech startup Rely
PACE Enterprise (Pace), a Singapore-based fintech solution company that allows customers to 'Buy Now Pay Later' (BNPL),has acquired the assets of competitor BNPL startup Rely.
The purchase price of the acquisition was not disclosed.
Pace, founded in early 2021, has raised USD40 million Series [...]
10 years and counting, Traveloka “firing on all cylinders” to ride on recovery
From meta-search to lifestyle superapp as it adds services from food delivery to Buy Now Pay Later
THERE'S no disputing the fact that Traveloka, Indonesia’s homegrown travel unicorn, has come a long way in the 10 years it’s been around.
What started out as a flight meta-search in CEO and co- [...]
Mystifly kicks off year with Universe and MystiPay
DETERMINED to kick off the year with a strong start, Singapore-based flight platform, Mystifly has launched two new products back to back – Mystifly Universe and MystiPay.
Mystifly Universe is a global flight data API which aims at bringing data-driven certainty to unlock new revenue opportunit [...]
Pace, The Atlas, Spotnana – fuelled by experience, passion and funding
Three startups, helmed by seasoned entrepreneurs, the ones to watch
IF there is one
trend we’ve seen in the startup world, it’s that seasoned entrepreneurs are
returning to solve problems they’ve either been working on for a long time or
turning their eye to new and hot spaces they hope to [...]
“Africa is like startup”, says Yanolja’s Jongyoon
South Korean giant close to sealing partnership or acquisition deal as it pursues bid to grow to decacorn
JONGYOON Kim, CEO of Yanolja and Yanolja Cloud, is excited about the African market because he says, “Africa is a startup” and he announced at last week’s WiT Africa that he was close [...]
How Certares is making capital out of Covid
‘The only shop in town’ has travel companies queuing at the door
IF you’re a travel company seeking pandemic survival funds, there’s probably only one person you are going to call: Greg O’Hara, founder and senior managing director of New York-based investor managers, Certares.
But d [...]
Hopper’s hop into the fintech space to innovate travel
From the “worst business you could imagine” to a US$3.5b valuation
A FEW things make Hopper an enviable company today – nearly US$600 million in funding (mostly achieved during the pandemic), a valuation of US$3.5 billion, and never a cent spent on Google ad words.
It ha [...]
