Funding Details
- Awarder
- PlugAndPlayTechCenter
- Date Award
- May 15, 2024
- Funding URL
- View Funding Page
Company Info
- Company Description
- On the surface, Travala.com is an easy-to-use online travel agency (OTA). Under the hood, our proprietary infrastructure allows us to offer unique value add to both travellers and travel suppliers. Firstly, our users can pay for bookings using any of the 30 most popular cryptocurrencies in addition to traditional payment options. Beyond that, our native cryptocurrency provides users with enhanced discounts, rewards, and - importantly - a stake in the success of Travala.com.
Our structure not only builds loyalty, it turns Travala.com users into promoters. By doing so, it sets up Travala.com for supercharged growth in the fast growing OTA sector, which is expected to exceed 10% CAGR to generate revenue in excess of $1 trillion by 2023. Since starting in 2017, we’ve established key partnerships (Booking.com, Agoda, Expedia, and more) and built out the platform to offer a world-class booking experience by any standard.
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