utu
🌎 World's first to transform your VAT refund into Frequent Flyer Miles. | up to 40% upsize across 50 countries | #utu
🌎 World's first to transform your VAT refund into Frequent Flyer Miles. | up to 40% upsize across 50 countries | #utu
utu
utu is a travel technology company founded in 2016 and headquartered in Singapore. The company's mission is to transform the global travel experience for tourists by maximizing the value of their trips through higher VAT and GST tax refunds. utu offers a unique proposition by allowing travelers to convert their VAT refunds into Frequent Flyer Miles or a utu Privilege, achieving up to a 40% upsize across 50 countries.
By integrating tax refunds with the travel ecosystem, utu bridges the worlds of refunds and rewards, partnering with major airlines, retail stores, and hotels. The company enables global shoppers to upsize their refunds from any refund operator across participating countries, including France, Italy, Germany, Singapore, South Korea, and the UAE.
The latest development for utu is the $33.00M Series B investment from SC Ventures in June 26, 2023. With offices in France, Italy, Thailand, Dubai, and India, utu is well-positioned to expand its footprint and enhance the travel experience for tourists worldwide.
For more information, visit https://www.utu.global.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series B | $33.00M | 1 |
|
26 Jun 2023 |
| Series A | $19.00M | 1 | Various Investors | 01 Jan 2021 |
| Seed Round | $3.00M | - | 01 Jan 2015 |
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