Fly Money

Company Overview

Snapshot

Founded in August 2015 by Tal Ekroni, Gilad Shlang, and Ben Aviram, Fly Money operates with 1–10 employees. The company has raised $1.01M across two funding rounds from seven investors. In December 2019, Fly Money presented its summit pitch at the Phocuswright Conference.

Business overview

Fly Money provides a platform that aggregates exchange rates from currency providers globally, enabling travelers to secure optimal rates for foreign currency. Its core technology is a white-labeled system integrated into online travel agencies (OTAs), airlines, and banks, allowing customers to order currency as part of their travel booking process. The company serves the fintech and traveltech sectors, operating in markets such as Spain, Israel, and Germany, and focuses on B2C and B2B2C business models.

Strategic signal

In December 2019, Fly Money showcased its summit pitch at the Phocuswright Conference, a significant event in the travel technology industry. This presentation signals the company's commitment to innovation and its efforts to gain visibility and strategic partnerships within the global travel market, highlighting its potential for broader adoption of its currency exchange solutions.

Company Intelligence Q&A

When was Fly Money founded?

Fly Money was founded in August 2015.

Who are the founders of Fly Money?

The co-founders of Fly Money are Tal Ekroni, Gilad Shlang, and Ben Aviram.

What is Fly Money's primary business model?

Fly Money operates with B2C and B2B2C business models, aggregating exchange rates for travelers and integrating its system into travel platforms.

What was a notable public appearance for Fly Money?

In December 2019, Fly Money delivered its summit pitch at the Phocuswright Conference.

Which markets does Fly Money serve?

Fly Money serves geomarkets including Spain, Israel, and Germany.