Yanolja: Raises USD 1.7 Billion in Funding

Yanolja Raises USD 1.7 Billion in Funding

  • Yanolja, a Seoul, South Korea-based travel and leisure platform, raised USD 1.7 Billion in funding
  • SoftBank Vision Fund 2 made the investment
  • The company provides a cloud-based travel and leisure platform that provides services for travel including accommodation, leisure, and transportation
  • leveraging IoT, AI, big data and blockchain technologies
  • The company intends to use the funds invest in the development of innovative technologies and to expand its technology offerings in new markets
  • The company plans to build and operate an advanced global travel platform (GTP) by upgrading and enhancing its automated solutions using AI
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Visa and TikTok Launch Creator Card, Enhancing Monetization for Influencers

New financial tool aims to streamline earnings for content creators.Highlights: Visa and TikTok have launched the new Creator...

Nium and Coinbase Strengthen Global Stablecoin Settlement Partnership

The collaboration aims to enhance cross-border payments using stablecoins.Highlights: Nium partners with Coinbase to optimize stablecoin settlements.The collaboration...

FCA Announces Second Cohort for AI Live Testing Initiative

New phase aims to improve integration of AI in financial services.Highlights: FCA launches second cohort for AI live...

Cab Payments Strengthens Case Against Helios Blocking Takeover Bid

Cab Payments contests Helios Investment's actions regarding merger talks.Highlights: Cab Payments accuses Helios of blocking a crucial takeover...