Jun 2, 2020

Startup of the Week - Awaymo by Startacus Admin Paying for travel just became a whole lot easier thanks to London based travtech startup Awaymo. Whilst the rise in budget airlines may have helped us all nab a bargain flight or two, there are plenty of occasions when the flight we need to book is a lot more costly than we’d like. Whether it’s a last minute thing, a long haul destination or simply because it’s a stretch on our finances at that particular time. If only there was an alternative to maxing out the credit card! Well, the good news is that there is - thanks to our latest startup of the week. Awaymo is “the world’s first pay monthly holiday website”. Here’s how it works: Simply create an Awaymo account and then search for the flight that you need. The platform acts like a travel comparison site in that you will have a range of options to choose from, with different airlines and prices, depending of course on your departure airport and your destination. When you find the flight you want, you can book it by adding it to your Awaymo account. The cost of the flight is then spread over 10 monthly instalments. You pay the first instalment by debit or credit card when you book and then the remaining instalments are paid by direct debit over the next 9 months. That’s pretty much it! There are no extra fees or interest charges - you pay the price that you see. You can travel before you have the flight paid for and you can also pay off the balance quicker, should you so wish - with no penalties or fees. There is a slight mark-up on the flights listed when compared to some other flight comparison sites, but that is surely worth it when you consider the fact that you are not having to pay upfront. And after all - Awaymo also need to make some money! We’re all au fait with paying for lots of things over instalments - from kitchen appliances and furniture to cars. It makes sense therefore to enable flights to be paid in the same way - wouldn’t you agree? Awaymo - we’re loving your work! Travel your thing? You might want to read about:  Panzly - innovation in flight insurance Travel startup NAVA wins Travel Technology Europe Disrupt Award 2019 SpareFare - The lowdown on the marketplace for non-refundable flights and holidays Subscribe to our newsletter If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here. <