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250%
Raised
£1,251,360
Investors
1038
Target
£500,000
Equity
6.67%
Pre-money valuation
£17,500,000

Binance backed TravelFront, trading as Travala.com, aims to be one of the world’s largest blockchain-based online travel agencies already hosting over 3 million travel products worldwide. Our purpose is to disrupt the travel industry with next-gen technology providing the best prices and unmatched loyalty rewards.

  • Backed by Binance.com, the world’s largest cryptocurrency exchange
  • Strategic partnerships with Booking.com, Expedia and Agoda
  • Over 150,000 monthly users and 20,000 room nights booked
  • High rate of booking and revenue growth despite COVID environment

Idea

On the surface, Travala.com is an easy-to-use online travel agency (OTA). Under the hood, we believe, that our unique 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 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. Our mobile apps are live, we’ve launched our “Homes” vertical, and we now offer flights.

Our efforts are paying off. Despite the global downturn in travel bookings, Travala.com has seen quarter-over-quarter room night growth exceeding 200% (5,800 room nights were booked in Q3 as of Sep 15 compared to 1,900 in Q2).

Users who love Travala.com point to the unmatched pricing and rewards as the leading factors driving their booking decisions.

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.