In this blog, we curate relevant and remarkable content related to digital banking, fintech and high-performance banking leaders. This piece by CNBC reports that Revolut launched a new feature called Stays, which lets users book hotels and other accommodation through its app. Read on.
“European fintech giant Revolut is jumping into the travel industry.
The London-based firm launched a new feature Tuesday called Stays, which lets users book hotels and other accommodation through its app.
Customers can receive up to 10% cashback on bookings made through Revolut, the company said.
The move marks a challenge to travel industry giants like Booking Holdings, Expedia and TripAdvisor. It’s also the company’s first product to launch outside the realm of finance.”