Airwallex, a fintech startup that enables companies to make cross-border payments efficiently while trimming interbank fees, has closed its Series A round at $15 million. The Melbourne-based business doesn’t exclusively focus on travel, but many of its early customers are travel agencies and online marketplaces providing travel, especially in Asia Pacific.
UpLift, a financial technology startup that helps customers of major airlines including American Airlines Vacations, United Airlines, JetBlue Airways and Southwest Airlines buy travel over time rather than up-front, also closed a $15 million equity round.
Splitty, a consumer-focused aggregator launched in 2015 combining rate plans from multiple travel wholesalers and OTAs to create a new type of hotel product, splitting one stay into multiple reservations, raised $2.4 million in a seed round.
Splitty said that hotel revenue managers should like it for helping hotels claw back share from alternative accommodations providers that may be priced more competitively than hotels for multi-night stays.
Futurestay, a management automation platform for vacation rentals used in more than 180 countries by 78,000 properties overseen by more than 20,000 managers, has raised an equity seed round of $2.3 million.
Valeet, a curbside airport valet parking service and mobile app where drivers use their own cars as if dropping family or friends, has raised $1.8 million in convertible notes.