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FOMO Group Holdings - aVenture Company Research

FOMO Group Holdings

FOMO Group Holdings

FOMO Travel: An online lay-buy platform for travel, enabling interest-free instalments and contributions from friends & family.

Cape Town, Western Cape, ZA🇿🇦

Founded

Accelerator

Techstars: Barclays 2017

Fomo Group Holdings, founded with the mission to make travel more accessible and financially manageable, operates FOMO Travel, an online lay-buy platform. Their core service allows users to pay a small deposit towards a travel goal and make interest-free instalments over time. This platform also enables friends and family to contribute financially, helping individuals, families, and groups achieve their travel aspirations without accruing debt. FOMO Travel primarily targets budget-conscious travelers looking for flexible payment options.

Notable partnerships include operational collaboration with the Singer Group and a direct partnership with SA Tourism. Additionally, FOMO Travel is finalizing a proof of concept and campaign with Absa. These strategic alliances have bolstered the company's credibility and market reach. FOMO Travel's innovative approach to travel financing has made a significant impact by democratizing travel opportunities and promoting financial responsibility among its users.

FOMO Group Holdings - Similar Companies

Airfordable

airfordable.com

FinalPrice

finalprice.com

Trvlr

trvlrpay.com

FOMO Group Holdings - Quick Facts

Who are FOMO Group Holdings' competitors?

Companies similar to FOMO Group Holdings include Airfordable, FinalPrice, Trvlr and SquadTrip.

When was FOMO Group Holdings founded?

FOMO Group Holdings was founded in 2015.

Where is FOMO Group Holdings' headquarters located?

FOMO Group Holdings' headquarters is located in Cape Town, Western Cape, ZA.

When was FOMO Group Holdings' last funding round?

FOMO Group Holdings' most recent funding round was for $120k (USD) in April 2017.

How much disclosed funding has FOMO Group Holdings raised?

FOMO Group Holdings - Classification

Ownership: Venture-backed
Technology: FinTech
Geographic Exposure: Global

As of Apr 21, 2017, FOMO Group Holdings has disclosed funding of $120k (USD). Undisclosed round amounts are excluded.

How many employees does FOMO Group Holdings have?

FOMO Group Holdings has 30 employees as of Feb 4, 2024.

Model

Platform

Revenue

Transactional

Customer

Consumers

Main Product

Layaway
Travel

Tags: SaaS

NAICS: 520000Finance and Insurance
522000Credit Intermediation and Related Activities
522300Activities Related to Credit Intermediation
522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC: 8700Engineering, Accounting, Research, Management, And Related Services
8740Management And Public Relations Services
8742Management Consulting Services

Show 4 more industry codes

SIC: 6000Depository Institutions
6200Security And Commodity Brokers, Dealers, Exchanges, And Services
6280Services Allied With The Exchange Of Securities Or Commodities
6282Investment Advice

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