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

Monument Bank to Tokenise Retail Deposits, Enhancing Digital Banking Access

New initiative aims to modernize retail banking and improve deposit management.Highlights: Monument Bank plans to tokenize retail deposits...
FinTech

Solaris Aims to Become Europe’s First AI-Native Bank

The German fintech introduces AI-driven banking solutions for a modern banking experience.Highlights: Solaris plans to introduce AI-driven banking...
FinTech

ECB Board Member Advocates for Digital Euro Adoption

The move aims to modernize the Eurozone's financial system.Highlights: ECB Board Member calls for the urgent implementation of...
FinTech

VC Investors Urge EC to Strengthen Quantum Computing Initiatives

Investment firms emphasize the potential of quantum technology for Europe.Highlights: Investors highlight the significance of quantum computing for...