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Successfully funded
overfunded
Travala
183%
Raised
£353,190
Investors
354
Target
£200,000
Equity
4.38%
Pre-money valuation
£8,028,000

Travala.com is an accommodation booking platform hosting over 2m listings across the world. Reaching 1,000+ room nights booked in Nov 2019. Aiming to offer savings of up to 15%, pay with multiple Cryptocurrencies, Credit/Debit Cards, and PayPal. Aiming to begin operations in the B2B travel market.

  • Strategic partnership with Booking.com
  • 20+ payment options (both Cryptocurrency & Traditional methods)
  • 2 million hotel and accommodation listings
  • A chance to own a part of Travala, a leading blockchain travel company

Idea

Founded in 2017, Travala.com currently offers over 2,000,000 hotels and accommodation covering 90,124 destinations in 230 countries and territories. We aim to be 15% cheaper than the rest of the market, travellers can use 21 different cryptocurrencies in addition to credit/debit cards to pay for accommodation bookings on the website, whilst having the option of earning real-world valued rewards with every booking.

In Nov 2019 we reached a milestone of 1,000+ room nights booked having leveraged blockchain technology and competitive pricing strategy for our users.

Travala.com generates revenue from multiple areas including booking commission at 5% to 16% of the booking value, listing fees for cryptocurrencies, and business & corporate accounts.

After completing a successful crowdfund earlier in 2019 we went on to create relationships with international investors such as the NEO EcoFund and Yellow Capital.

Our user base has increased to over 20K registered users with over 90% organic growth to date.

Looking ahead, we plan to release our native iOS and Android apps in early 2020, improve our platform Geo Location services, increase customer support operations worldwide, increase our marketing activities and implement significant SEO improvements, along with securing more high-profile partnerships from both the blockchain and travel space.

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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.

Travala has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.