About TravelbyBit
TravelbyBit is a Financial Services company based in Brisbane (Australia) founded in 2017 by Shireen Yip and Caleb Yeoh. It operates as a travel services are booked via an online platform using cryptocurrencies. It operates in the Financial Services and Travel & Hospitality sectors. TravelbyBit has raised $2.5 million across 2 funding rounds from investors including Binance and Queensland Government. Its chief executive is Caleb Yeoh. TravelbyBit offers products and services including Hotel Booking Service, Flight Booking Service, and Tours and Activities Booking. Its focus areas include FinTech, Cryptocurrencies, Payments and Business Payments. Its legal entity is TRAVELBYBIT LIMITED. Its competitors include Simplex, ACINQ, CoinPayments, Coinflow and Januar and 5 more; 10 of its 10 listed competitors have raised funding.
Company details
TravelbyBit was founded in 2017 in Brisbane, Australia, as an online platform in the travel sector. Flights, cruises, tours, and additional services are booked by users with supported cryptocurrencies, including Bitcoin, NEM, Bitcoin Cash, Litecoin, Ethereum, and Dash. Crypto wallets are also provided for user convenience. Operations focus on integrating digital currencies into travel bookings across various destinations.
- Headquarters Brisbane, Australia
- Founders Shireen Yip, Caleb Yeoh
- SectorsFinancial ServicesTravel & Hospitality
- Email••••••••
- Phone•••• ••••
- Website travelbybit.com
- Social LinkedIn X Facebook
- Legal Name Travelbybit Limited
- Total Equity Funding$2.5M (USD)
in 2 rounds
- Latest Funding Round$2.5M (USD), Seed
Oct 2018
- InvestorsBinance
& 1 more
Products & Services of TravelbyBit
TravelbyBit offers a comprehensive portfolio of products and services, including Hotel Booking Service, Flight Booking Service, and Tours and Activities Booking.
Service for reserving hotels worldwide using cryptocurrency.
Platform for booking flights with crypto and traditional payments.
System for reserving tours and activities in various destinations.
Funding Insights of TravelbyBit
TravelbyBit has successfully raised a total of $2.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.5 million completed in October 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.5M
- Total Rounds 2
- Last Round Seed — $2.5M
- First Round $74,075
(Aug 2018)
- Investors Count 2
All 2 funding rounds of TravelbyBit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2018 | $2.5M | Seed | – | – | |
| Aug 2018 | $74,075 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in TravelbyBit
TravelbyBit has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Binance and Queensland Government.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online exchange platform for cryptocurrency | 2017 | binance.com | Ta Xbiex, Malta | |
Government services for Queensland residents are provided and managed. | – | qld.gov.au | Brisbane, Australia |
Investor details for TravelbyBit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of TravelbyBit
2 people are tracked at TravelbyBit (2 in leadership).
| Name | Role | Group |
|---|---|---|
Shireen Yip | Co-Founder | Leadership |
Caleb Yeoh | Co-Founder & CEO | Leadership |
Complete people profiles for TravelbyBit
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Timeline of TravelbyBit
3 dated milestones of TravelbyBit across 1 years, from founding to its latest funding, stage changes and deals.
- Founded TravelbyBit is founded.
- Funding First funding round of $74K.
- Funding Latest funding round, Seed, of $2.5M.
Competitors of TravelbyBit
TravelbyBit has 10 listed competitors in our database, 10 of them funded. They include Simplex, ACINQ, CoinPayments, Coinflow and Januar, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| simplex.com | 2014 | Ramat Gan, Israel | $8M | 2 | AI-based crypto payments and fraud prevention are provided for businesses. | |
| acinq.co | 2014 | Paris, France | $9.7M | – | Crypto payment solutions are offered to businesses through API integration. | |
| coinpayments.net | 2013 | Vancouver, Canada | $30.1M | – | Cryptocurrency payments are facilitated through a merchant gateway. | |
| coinflow.cash | 2022 | Chicago, United States | $28.7M | – | Crypto-to-fiat payment solutions are provided to web3 companies. | |
| januar.com | 2017 | Copenhagen, Denmark | $10.59M | 15 | Financial infrastructure is provided for crypto businesses managing global payments. | |
| avaprotocol.org | 2021 | San Francisco, United States | $10M | – | Private autonomous transactions for Web3 are provided by Ava Protocol. | |
| neutronpay.com | 2018 | Vancouver, Canada | $3.75M | 4 | Payment gateway solutions for businesses are provided via Bitcoin Lightning. | |
| kotanipay.com | 2021 | Nairobi, Kenya | $2M | – | AI-backed payroll management platform for gig workers | |
| voltage.cloud | 2020 | Wichita, United States | $6M | – | Crypto payment acceptance solutions are provided for e-commerce via APIs. | |
| citypay.io | 2020 | Tbilisi, Georgia | $1.74M | – | Cryptocurrency payment gateway services are offered to businesses for transactions. |
Detailed competitors of TravelbyBit
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- Full competitor set
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Web traffic of TravelbyBit
Websites that share an audience with TravelbyBit (travelbybit.com).
Websites whose visitors overlap most with TravelbyBit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| travala.com | 100% | 473.1K | #125,864 | View details |
Top companies in Cryptocurrencies
10 companies that operate in the same segment as TravelbyBit (Cryptocurrencies), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | 1,533 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | 14,747 | |
App-based platform for exchange and trading solutions for cryptocurrency | 2011 | London, England, United Kingdom | USD 700 M | – | 1,212 | |
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, Ile de France, France | USD 575.4 M | – | 802 | |
App-based wallet and exchange platform for cross-border money transfers | 2013 | London, England, United Kingdom | USD 73.36 M | – | – | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 7,025 | |
Cryptocurrencies are traded and exchanged through an online platform. | 2014 | Mexico City, Mexico City, Mexico | USD 331.35 M | – | 884 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 217 | |
Mobile app for storing and trading cryptocurrencies is utilized. | 2013 | London, England, United Kingdom | USD 13 M | – | – |
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Related news about Travelbybit
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Frequently Asked Questions about TravelbyBit
TravelbyBit was founded in 2017 and raised its 1st funding round 1 year after it was founded.
TravelbyBit is headquartered in Brisbane, Australia. It is registered at Brisbane, Queensland, Australia.
Caleb Yeoh is the current CEO of TravelbyBit. They have also founded this company.
TravelbyBit is a funded company, having raised a total of $2.5M across 2 funding rounds to date. The company's 1st funding round was a Grant of $74.08K, raised on Aug 2018.
TravelbyBit was founded in 2017 in Brisbane, Australia, as an online platform in the travel sector. Flights, cruises, tours, and additional services are booked by users with supported cryptocurrencies, including Bitcoin, NEM, Bitcoin Cash, Litecoin, Ethereum, and Dash. Crypto wallets are also provided for user convenience. Operations focus on integrating digital currencies into travel bookings across various destinations.
TravelbyBit's top competitors include Simplex, ACINQ and CoinPayments.
TravelbyBit offers Hotel Booking Service, Flight Booking Service, and Tours and Activities Booking.
TravelbyBit has 2 investors. Key investors include Binance, and Queensland Government.
TravelbyBit operates through Travelbybit Limited.