FinTechFunding

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
Previous article
Flock Safety: Raises $150M in Series D Funding
Next article
M1 Finance: Raises $150M in Series E; Valued at $1.45 Billion
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

FinTech

Visa and Ramp Boost Bill Pay Automation with Agentic AI

New integration aims to streamline corporate expense management processes.Highlights: Visa and Ramp announce partnership to automate corporate bill...
FinTech

TikTok Seeks Financial Services Licenses in Brazil, Expanding Digital Reach

The platform aims to tap into Brazil's growing fintech market.Highlights: TikTok is applying for financial services licenses in...
FinTech

CaixaBank Strengthens Crypto Investment Services for Clients

The bank expands its offerings to include digital asset investments.Highlights: CaixaBank introduces cryptocurrency investment services to its clients.Clients...
FinTech

Monzo Shuts Down US Business to Focus on European Expansion

The UK-based fintech firm redirects efforts towards Europe amid challenges.Highlights: Monzo announces the closure of its US business.The...