introduction
Travel.win is a travel loyalty platform provider designed to make it easy for financial institutions, loyalty providers, and consumer marketplaces to increase revenue and customer retention by offering a branded travel product.
Financial institutions want increased card spend, higher loyalty, and revenue growth. Travel.win aims to not only give them all three of these things, but it does so efficiently and with little risk and nominal cost. For this reason, Travel.win is gaining rapid traction among financials, including Bank of America (Launched 2/14/23), NCR (Launched 8/21), and potentially Crypto.com (2023).
Loyalty providers and consumer-facing marketplaces are looking for ways to add travel to their offerings. Travel.win’s simple white-label- integration is designed to provide valuable, branded content with ease and simplicity. This is why Sezzle, Drop, Loyalty Key, and Max app currently use the platform for our services.
success to date
- Launched Sezzle, Drop, NCR, and Loyalty Key.
- Generated $1.2M in gross bookings primarily from Sezzle alone.
- Travel.win launched Bank of America in February 2023, and is planning to launch Crypto.com in May and Laybuy in June.
- Total addressable market may be over 100M consumers
problem
The ability to sell travel-related products and to develop technology that enables the sale of travel products is expensive, disparate, and can become obsolete and out of sync with the marketplace quickly.
Marketplaces have sold travel in the past but heavily relied on third-party brands such as Expedia, Priceline, and others that generated low commission levels and little flexibility to create a customized travel store. Retailers could not create a self-branded travel store for their customers or membership base and could not create a travel store efficiently and without large start-up and technology costs.
Now, retailers can tap into the lucrative travel industry while providing a valuable service to their customer base. This may lead to enhanced loyalty and increased spending from the consumers they have worked so hard to generate.
solution
A Mobile Optimized Travel Store
Travel.win is designed to provide technology that allows B2B and B2C companies to promote travel in their brand name or their partner's name at potentially higher commission from traditional sources and may allow the partner to choose which medium, loyalty points, cash back, statement credits, rewards, to incentivize their customer.
Partners may determine how much cash back or points to provide to end users, and Travel.win handles as much or as little of the integration for its partners. This could give our partners more control of their offering and brand positioning compared to traditional Affiliate programs where they are just selling an OTA’ (Online Travel Agent) and only earning a commission.
Travel.win is designed to fully customize our partner's travel store.
Mobile Optimized Integration – responsive site can be deployed in as little as 3 weeks for both Android and IOS. Minimal work is needed by our partners. They simply pass Travel.win a unique ID, and we do the rest. This option allows a fast Go-to-Market utilizing the years of consumer learnings while still supporting all the customizations our partners require.
API Integration - APIs can be completed within 2-3 months, depending on partner resources. With the API integration option, our partners would integrate directly utilizing the required API. Benefits of using our API include:
- Partner has complete control over UI. Partners may build directly into an app or website.
- Easily customizable: Ability to set margins at customer segment or individual customer level, sorting, cascading rates
- Ability to manage payouts to end customer
- Other APIs available:
– Itinerary Lookup
– Itinerary Cancel
– “Today’s Best Deals”
– Cancellation Webhook
– Similar Hotels (Cross-Sell)
business model
Travel.win generates revenue in 3 ways:
- First is we take a % of the overall transaction amount either via service fees or a portion of the commissions paid by our suppliers.
- Second, we plan to charge a one-time install fee that ranges from $15,000-$25,000 depending upon the type of integration.
- Third, we plan to charge our partners a recurring monthly minimum fee for operating on the platform. Depending on the partner, Travel.win can include any combination of these charges based on the complexity of the program and estimated revenue spent.
market
The estimated spend on travel products, according to the US Travel Association is over $1.1 trillion dollars annually. It is a fragmented marketplace with Online Travel Agencies (OTA), metasearch sites, brick-and-mortar travel agencies, and direct-to-consumers by suppliers and other intermediaries all looking to gain a slice of this marketplace.
It is estimated that $1 of every $4 spent on a JP Morgan credit card is related to the travel industry, and 79% of travelers using a smartphone completed a booking after doing research on their smartphone. It is at this intersection of travel, mobile technology, and credit card transactions that Travel.win plans to operate and allow our partners to capture market share in this environment and deliver exceptional value and pricing to their consumers.
U.S. Travel Association (adjusted for inflation)
press
- Newswires
Sezzle and Travel.win Partner to Bring Sezzle Travel to Millions of Consumers
Travel.win Partners with Loyalty Key to Drive International Expansion - Yahoo! Finance
Collinson Valuedynamx Announces Travel Offerings Through New travel.win Partnership - YouTube
Commerce Code Ep 124: The 2022 Travel Roller Coaster - Talking Consumers and Offers - Podcast: Digital Commercial Alliance
Episode 80: Catching the Travel Wave with Collinson Valuedynamx & Travel.win
team
Ted has been involved with several start-ups with successful exits. He was the President of 2GoMedia which was sold to Affinity Solutions in 2014. He then went on to the leading cash back app in the US, DOSH Holdings to launch a travel product that was bought by Cardlytics (CDLX) in 2021. He started Travel.win in late 2020 when he realized a niche opportunity in the Fintech space and travel.
Use of Proceeds
If the offering's maximum amount of $1,199,350 is raised:
| Use | Value | % of Proceeds |
|---|---|---|
| Compensation for managers | $400,000 | 33.4% |
| Consultants | $200,000 | 16.7% |
| Enhanced Hosting | $165,000 | 13.8% |
| Other General and Administrative | $190,000 | 15.8% |
| Bonuses | $122,430 | 10.2% |
| Legal | $63,152 | 5.3% |
| Intermediary fees | $58,768 | 4.9% |
Terms
This is an offering of Class A Membership Units, under registration exemption 4(a)(6), in Travel.win, LLC. This offering must raise at least $10,000 by April 26, 2024 at 11:59pm ET. If this offering doesn’t reach its target, then your money will be refunded. Travel.win may issue additional securities to raise up to $1,199,350, the offering’s maximum.
If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:
Financials
These financial statements have been reviewed by an independent Certified Public Accountant.
SEC Filings
The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.
We’re also required to share links to each of the SEC filings related to this offering with investors.
Understand the Risks
Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.
Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.
The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
More Info
Updates
- Jan 2, 2024Excited to announce that Travel.win is in beta...
- Oct 2, 2023Travel.win is excited to announce our...
- Aug 17, 2023Excited to announce that Travel.win has...
- Aug 14, 2023Dear Investors, We're excited to share recent...
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