Results for: Travel FinTech

Swiipr, a travel paytech company that specializes in digitizing disruption payments for airlines, has raised £6 million in Series A funding led by Octopus Ventures. The funds will support the company’s expansion, product development, and international growth strategy. Swiipr’s digital platform offers airlines virtual and physical prepaid compensation cards, a mobile app, and real-time retail insights, enabling them to streamline disruption payments, enhance passenger experience, and reduce costs. The platform also includes welfare cards for instant food and beverage payments during flight delays. Swiipr currently serves 26 airlines in 70 countries, including a major flag carrier with 4,000 staff using the platform in over 167 airports globally.

In a groundbreaking move, Sabre Hospitality and Uplift have formed a strategic alliance to bring flexible payment solutions to the hospitality industry. This partnership integrates Uplift’s Buy Now Pay Later option into Sabre’s SynXis platform, granting hotels and guests unprecedented payment flexibility.

Through this collaboration, hotels of various market segments can effortlessly implement payment structures that cater to guests across economic levels. This move reflects Sabre’s dedication to enhancing the guest experience by providing innovative payment solutions that build loyalty and satisfaction.

Uplift’s extensive network, which includes over 350 leading global entities in the travel sector, will further strengthen Sabre’s ability to offer diverse payment options. This partnership empowers hotels to provide a seamless and convenient payment experience, ultimately leading to increased customer satisfaction and loyalty.