Laytrip, a fintech in the travel space, has the look and feel of a regular OTA but applies data science to offer instalment payment plans to all consumers without the need for credit check by a third-party finance provider. All customers qualify for a payment plan but the business only deploys capital once the majority of a loan has been collected. Laytrip's MVP site is already launched in the US and the company is seeking seed funds to drive revenue, develop the platform and deploy into new markets....
Laytrip, a fintech in the travel space, has the look and feel of a regular OTA but applies data science to offer instalment payment plans to all consumers without the need for credit check by a third-party finance provider. All customers qualify for a payment plan but the business only deploys capital once the majority of a loan has been collected. Laytrip's MVP site is already launched in the US and the company is seeking seed funds to drive revenue, develop the platform and deploy into new markets.
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Mike Powell
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Mike Powell Chairman Investment professional and then CFO of low cost airline Wizz Air. My expertise spans finance, travel and technology sectors.