Selfbook provides a range of products aimed at improving hotel bookings and payment processes in the fintech and hospitality sectors. Its main offerings—Station, Direct, and Express—work together to automate the booking and payment experience, making it easier for hotels and their guests. These products help streamline the booking process, allowing guests to enjoy features like instant room upgrades and premium booking options. Selfbook operates in nearly 20 countries, which gives it valuable insights into booking trends and user behavior. Unlike many competitors, Selfbook focuses on a comprehensive product suite that integrates smoothly with existing hotel systems, generating revenue through subscription fees and transaction-based charges. The goal of Selfbook is to enhance the guest experience while helping hotels increase booking conversions and drive additional revenue.

Tiger Global

Lachy Groom

Fin Capital

Valia Ventures

JAWS Spitfire Acquisition

Fintech

Consumer Goods

Selfbook

NEW YORK--(BUSINESS WIRE)--Selfbook, a unique, comprehensive hotel payment software platform bringing direct bookings and modern payment technology to hotels worldwide, today announced a strategic investment from Amex Ventures. The investment follows a $40 million Series A and A+ round led by Tiger Global.This announcement highlights Selfbook’s continuous growth within the hospitality space. As it continues to broaden its reach in the travel industry, Selfbook looks forward to working with American Express following this investment.Selfbook enables hotels to offer guests a seamless, one-step checkout experience directly on their websites while elevating the user experience and streamlining the payment process for hotels, which can increase conversion and boost revenue. Selfbook also groups multiple services, such as restaurant reservations, spa appointments and activities, into a single payment flow to easily drive upsells.“The American Express brand is synonymous with global travel and payment security, and we are thrilled to have Amex Ventures be part of our investor base,” said Khalid Meniri, Co-Founder and CEO of Selfbook. “As hotels around the world continue to use Selfbook to offer a guest-first booking experience and secure payments, the investment from American Express will help us deepen our global presence and provide even more effective payment tools for our partners.”“We are constantly on the lookout for innovative technologies that enhance and elevate the travel and payments experience,” said Margaret Lim, Managing Director of Amex Ventures. “We believe Selfbook is driving hotel bookings and payments into the future with their elegant checkout experience, intuitive user interface, and robust support for modern payment methods preferred by guests through a unified platform that seamlessly integrates with existing hospitality software.”About SelfbookUniquely positioned at the intersection of fintech and hospitality, Selfbook revolutionizes hotel bookings and payments from the inside out

Hotel Payment Software Platform Selfbook Announces A Strategic Investment From Amex Ventures

Selfbook,. a PhocusWire. Hot 25 Travel Startup for 2023, has created a new platform for hotel booking

Selfbook Releases New Hub For Hotel Booking And Payment Management

It's been nearly a year since PhocusWire named its Hot 25 Travel Startups for 2023, and since that time the industry has witnessed a surge in both leisure and business travel. Funding for travel startups, however, is down dramatically this year, at just $4.3 billion according to Phocuswright's Travel Startups Interactive Database compared to $8.4 billion last year at this time.As we gear up to announce our class of 2024 startups at The Phocuswright Conference on November 14, we have been checking in with all of the past classes of Hot 25 Travel Startups from 2019, 2020, 2021, 2022 and now 2023. A handful of the Hot 25 Travel Startups for 2023 have received funding - at total of nearly $32 million since January according to Phocuswright - while many on the list have lined up new clients and won other travel industry awards in the last year. We asked the founders to tell us two things - their companies' highlights of 2023 and their priorities for 2024. We heard back from 20 of the 25. Their responses, in some cases, have been condensed and edited for clarity.AeronologyAeronology powers a point-of-sale travel booking platform. Answers from founder and CEO Russell Carstensen.2023 highlights: For Aeronology, 2023 has been "all in" for NDC [new distribution capability]. After seeing new tech companies, without any travel industry DNA rushing into the NDC marketplace, we suddenly realized that what that rush missed out on was useability for full self-service NDC on a working platform that houses all NDC, all GDS [global distribution system] and all LCC [low-cost carrier] services on one screen

Where Are They Now? Checking In With Phocuswire’S Hot 25 Travel Startups For 2023

Selfbook Headquarters: New York City CEO: Khalid Meniri Website: Selfbook Founding date: 2020 Investment: approximately $50 million. Uniquely positioned at the intersection of fintech and hospitality, Selfbook is setting a new standard in hotel bookings and payments. Working in tandem with hotels’ existing technology systems, Selfbook increases conversions and boosts revenue by providing a seamless checkout experience and accepting digital wallets like Apple Pay and Google Pay. Selfbook is committed to empowering hotels worldwide by continuously improving user experience and supporting the fastest-growing payment methods that are shaping how we spend today

Hot 25 Travel Startups For 2023: Selfbook

SelfBook, a New York-based comprehensive hotel payment software provider, raised $15M in Series A funding. This brings the total Series A funding to $40M, with a valuation of $300m. The round was led by Tiger Global, with participation from JAWS, the family office of Barry Sternlicht. The company intends to use the funds to continue []
The post Selfbook Raises $15M Series A Extension; Valued at $300M appeared first on FinSMEs.

Selfbook Raises $15M Series A Extension; Valued At $300M

FinTech Airwallex has teamed with Agoda to help Hong Kong business travelers book their accommodations. The companies say their partnership — announced in a recent news release — is designed to meet a surge in demand for business travel. When booking through the Agoda travel platform, small businesses and startups in Hong Kong that have Airwallex business accounts can enjoy discounts on hotels and cashback on airfare and accommodations

Airwallex Partnership With Agoda Booking Platform Offers Business Travel Discounts

Selfbook, the Tiger Global and Amex Ventures-backed technology company has released its latest flagship product, Station.Station is the first hospitality-focused platform harnessing financial technology to give hoteliers more control over their revenue, according to Khalid Meniri, cofounder/CEO, Selfbook. “[It] is a versatile booking and payment platform aimed at automating transactions and streamlining bookings without replacing existing systems,” he told Hotel Business. “Designed to simplify the hospitality industry’s labor-intensive processes, Station offers hoteliers centralized control over revenue through a user-friendly dashboard. This unique solution connects booking and payment data, enabling easier bookings management, preventing chargebacks and reducing fraud.”Station’s payment automation eliminates manual processing, allowing hotel staff to swiftly add charges, initiate refunds and trigger on-demand payouts, he added. “In addition to a seamless user experience and cost savings, Station ensures enhanced security for hotels and guests with PCI DSS compliance, two-factor authentication, card data privacy, post-arrival charge controls and no card requirements upon arrival,” he said.The product works in harmony with Selfbook’s Direct booking layer and newly released Express secure payment enablement to facilitate the hospitality journey as a whole, from the guest’s room selection to on-demand payouts for hotels.Express, the second new addition to Selfbook’s stable of products, which is also launching, offers a variation of the guest-facing seamless booking experience offered by Direct. “Crafted for hotels with custom booking engines, Express empowers hotels with plug-and-play payment blocks, streamlining the checkout experience without changing the look and feel of a hotel’s existing system,” said Meniri.“Express supports a custom combination of fast-growing payment methods including digital wallets such as Apple Pay and Google Pay, global credit and debit cards, and Affirm’s ‘Buy Now, Play Later’ to create a checkout flow suited to each hotel’s preferences

Selfbook

Streamlines hotel bookings and payments

Selfbook

Streamlines hotel bookings and payments

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