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Travel Disruptors: Bringing Fintech to Travel Booking – By Jean-Philippe De Montigny

June 6, 2023


The travel app Hopper launched in 2015, with the bulk of its initial revenue coming from airline ticket sales. A few years later, the company ramped up a travel fintech business—selling consumers algorithmically enabled financial products such as price-freezing capabilities and cancellation insurance. It has since expanded those offerings and made them available to other travel companies as a B2B service.

“When we started Hopper, we thought it would be very cool if we could become a billion-dollar company,” recalls cofounder and CEO Frederic Lalonde. “Today, we’re well above that.” Lalonde says Hopper, which was launched in Montréal but has been fully remote since 2020, employs more than 1,500 people and has raised more than $750 million in private capital.

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