Zip is a fast way to pay for your booking with flexible repayments from as little as 10 a week with no surcharge and no upfront payment Simply apply, book and pay after your flight in instalments. Sophia Melas, head of partnerships for Fly Now Pay Later, spoke to PhocusWire during the recent Pulse event: Progress In Travel Payments. Fly now, pay later Virgin Australia gives you the freedom to book your trip now and pay later with Zip Pay and Zip Money. "There’s always a temptation to put the brakes on in times of significant headwinds, but with consumer expectations continuing to shift from traditional lending towards alternative convenient digital experiences, we upheld our investment commitments into developing our technology and threw ourselves into bolstering our partnership network in the states, which is really gaining momentum."Ĭompetitor company Affirm was valued at $24 billion after a public listing in January 2021. And will continue to be a key focus as we enter 2022. As Europes only buy now pay later solution specifically for the travel industry, rockstar travel brands such as, Crystal Travel & Travelpack are using us every single day to. "The U.S., which we entered in 2020, purposely formed a big part of our resilience plan as domestic leisure travel has been less affected than in Europe. Recent partnerships include deals with Malaysia Airlines and UATP, the airline payments network.įounder and CEO Jasper Dykes says: "To have secured another landmark amount during one of the worst slow downs in travel history after it ground to a halt is testament to the efforts of the whole team. The service works by allowing custuomers to spread the cost of a trip over 12 monthly payments. This was a top-up round following a £35 million in Series A announced in March 2020. I accept the Terms and Conditions and Privacy Policy.įly Now Pay Later raised a $15 million Series A round in May 2021, led by Revenio Capital and Taurus Wealth Advisor. Fly Now Pay Later is an embedded finance company developed exclusively for the travel industry.
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