Skift Take
YouTrip wants to help people more easily make payments while traveling abroad, and Flash Pack want to help solo travelers meet one another on group trips.
Travel Startup Funding This Week
Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at [email protected] if you have funding news.
Three travel tech startups have announced fundraises this week of more than $57 million.
>>YouTrip, a multi-currency payments platform geared toward international travelers, has raised $50 million in series B funding led by Lightspeed Venture Partners.
The Singapore-based company has now raised more than $100 million, including a $30 million series A round in 2021.
YouTrip says its platform allows travelers to more easily make payments between currencies in more than 150 countries, with no hidden fees and at wholesale exchange rates.
YouTrip said its user base in Southeast Asia has tripled over the past two years, and the amount of money processed through the platform has quadrupled since the last funding round.
The company last year released a corporate card and spend management platform f