The fintech sector has expanded massively beyond its origins as a way to modernize and connect the plumbing across the various segments of the financial services world. The intersection of fintech and travel — the “Financialization” of the travel sector — is leading to some incredibly interesting applications that help consumers find value and help merchants more efficiently serve those consumers. Alternative forms of payment, loyalty program extensions, creative new approaches to funding travel purchases and insurance-type products that help travelers protect their trip investments are all popular examples of this trend.
Now we’re seeing the convergence of fintech and travel in the reverse direction — call it the “Travelization of Finance” — where deep integration of travel offerings into financial services platforms is unlocking opportunities to explore the world that previously wouldn’t have been possible for many. Unlocking the spending power of things like rent and healthcare expenses, or creating new credit alternatives for pre-credit customers are activating new demand channels for travel sellers that they couldn’t reach before.
Tune in to our latest episode to hear from guests Ankur Jain, Founder & CEO of Bilt Rewards, and Hussein Fazal, Founder & CEO of Super.com, are pushing the cutting edge forward in this unique moment of digital transformation between travel and fintech.
Follows
Gilad Berenstein — host
Cara Whitehill — host
Ankur Jain — guest
Hussein Fazal — guest
Go Deeper
- How Fintech Companies Are Progressing in the Travel Space - PhocusWire
- Super apps’ secret sauce - PhocusWright
- Meet The Fintech Billionaire Making A Fortune Rewarding Home Renters - Forbes
- The rise of the theme-based super app - Finextra
- Travel Disruptors: Bringing fintech to travel booking - McKinsey & Company
- Why is FinTech in Travel accelerating while slowing down elsewhere? - LinkedIN
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