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FOMO Group Holdings
AddedFeb 18, 2024
UpdatedJun 18, 2026
FOMO Group Holdings

FOMO Group Holdings

Seed

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

HQ
Cape Town, Western Cape, ZA
Founded
2015
Accelerator
Techstars logoTechstars: Barclays2017
Overview
Compare
Fundraising
Employees
Website

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.

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FOMO Group Holdings - Quick Facts

Who are FOMO Group Holdings' competitors?

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

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 has FOMO Group Holdings raised to-date?

As of Apr 21, 2017, FOMO Group Holdings has raised a total of $120k (USD).

How many employees does FOMO Group Holdings have?

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

FOMO Group Holdings - Classification

Technology
  • FinTech
Geographic Exposure
  • Global
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