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SoftBank-backed TravelPerk doubles valuation to $2.7 billion, plans fintech push

  • TravelPerk raised $200 million from investors including Atomico and EQT, doubling its valuation to $2.7 billion, as reported by CNBC.
  • The company acquired Yokoy, a Swiss spend management platform, to enhance its travel and expenses services, according to TravelPerk's announcement.
  • TravelPerk plans to use the new funds for growth and expansion in the U.S. Market, as stated by Jean-Christophe Taunay-Bucalo.
  • Despite its growth, TravelPerk is not rushing for an IPO, focusing instead on customer satisfaction and product enhancement, according to Taunay-Bucalo.
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