2C2P Raises $52 Million for Payments Tech: Travel Startup Funding This Week


Skift Take

This week, travel startups announced more than $101 million in funding for a range of concepts, including cross-border payments technology, short-term property management services, digital marketing help, and hotel tech.

Series: Startups This Week

Travel Startup Funding This Week

Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at [email protected] if you have funding news.
This week, travel startups announced more than $101 million in funding. >>2C2P, a payments-processing service, has raised $52 million in Series E funding. The World Bank's International Finance Corporation, Cento Ventures, and Arbor Ventures participated. The startup has now raised $70 million since its founding in Bangkok in 2003. 2C2P isn't a travel startup. But travel companies currently make up the most significant slice of its clients for digital payment services. The startup assists regional airlines, online travel companies, and other e-commerce players in accepting and processing cross-border currency payments from customers in Southeast Asia. >>Decibel, a provider of digital experience intelligence solutions, has raised $17 million in Series B funding. Draper Esprit led the round in the Londo