Articles tagged “uplift”

Mergers and Acquisitions

Fintech Firm Buys Uplift for $100 Million

As with lots of cash and stock deals, the ultimate outcome will depend on Upgrade's eventual exit, and how that turns out. On the face of it, though, this deal looks underwhelming for Uplift.

Fintech Firm Buys Uplift for $100 Million

Airlines

Is Buy-Now, Pay-Later the Future of the Travel Recovery?

Deferred payment models are nothing new, but as travel recovers, airlines and others in travel need to find innovative ways to accept payments. It's far from certain that this payment model will help speed up a recovery, or prove to be another huge burden for customers.

Is Buy-Now, Pay-Later the Future of the Travel Recovery?

Online Travel

Max Levchin’s Affirm Raises $300 Million for Payments Tech

With this investment, PayPal co-founder Max Levchin has raised $800 million to grow Affirm, which lets consumers pre-qualify for loans to buy flights, hotels, rental cars, seat upgrades, and non-travel products. Who said payments aren't sexy?

Max Levchin’s Affirm Raises $300 Million for Payments Tech

Online Travel

Uplift Raises $123 Million to Broaden Its Travel Loan Services

The old idea of payments in monthly installments is seeing new life in the U.S. online travel sector. Uplift is one of the leading tech vendors powering loans to travelers for buying from airlines such as Spirit and search sites like Kayak. Expect a lot of marketing around this in 2019.

Uplift Raises $123 Million to Broaden Its Travel Loan Services

Online Travel

Travel Companies Start Lending Consumers Money to Book Trips

Companies ought to carry out adequate checks on the ability of borrowers to repay travel loans on time. Otherwise, a surprise disruption such as an Icelandic volcano or an economic downturn could prompt defaults.

Travel Companies Start Lending Consumers Money to Book Trips

Online Travel

5 Travel Startups Popularizing Installment Payments for Vacations

In the past nine months, a group of relatively low-profile startups began signing up brands like Expedia and United Vacations to the concept of layaway plans for buying travel.

5 Travel Startups Popularizing Installment Payments for Vacations