Seed Round
0% equity
$1B pre-money
$0K raised
$2M target raise
TripWithMojo helps users save up money for traveling, while making it affordable within their current income. We do this by creating an online experience that pairs a gamified approach to automated travel goals savings with the right travel offers, turning these affordable with a system of flexible instalments and convenient interest rates.
How is it gamified? The sooner the user reaches their saving milestones; the higher the value of the travel reward they receive. For example, they can get a lower interest rate for the travel package we can secure the price for via a partner, leaving the rest of the sum to be saved by the user at their convenience; or the sooner the user reaches their second milestone, the bigger the discount on travel insurance etc.
Users can save individually, but also with friends, all saving towards a common travel goal (a festival trip, a rented yacht vacation etc.). When a certain critical amount of users starts saving for a specific package they have the ...
TripWithMojo helps users save up money for traveling, while making it affordable within their current income. We do this by creating an online experience that pairs a gamified approach to automated travel goals savings with the right travel offers, turning these affordable with a system of flexible instalments and convenient interest rates.
How is it gamified? The sooner the user reaches their saving milestones; the higher the value of the travel reward they receive. For example, they can get a lower interest rate for the travel package we can secure the price for via a partner, leaving the rest of the sum to be saved by the user at their convenience; or the sooner the user reaches their second milestone, the bigger the discount on travel insurance etc.
Users can save individually, but also with friends, all saving towards a common travel goal (a festival trip, a rented yacht vacation etc.). When a certain critical amount of users starts saving for a specific package they have the leverage to obtain significant discounts. Users can also get backers for their travel costs (e.g. wedding guests putting money together in order to cover the costs of the honeymoon).
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