By @SimonCocking

Describe the company – the elevator pitch…

TravTab is a white label service for Travel Agencies & Tour Operators to offer their customers the most convenient & time saving way to pay off their holiday booking balance. Travellers can make a once off payment or schedule payments towards the holiday cost, this eliminates the need for excessive calls, inconvenient in-store visits and emails to their travel agent.

The idea of TravTab came about from a personal experience of booking a holiday to New York with my girlfriend for Christmas two years ago. Once I made the booking and began to make payments off my remaining balance I quickly realised the total inconvenience around making payments off my booking. I was working full time and kept having to leave the office for periods of time to ring my travel agency to make a payment, been stuck on hold and wasting my phone credit along with my time. I also had to make unwanted trips into my travel agency on the weekends to make some of my payments which isn’t a great way to spend your day off work. TravTab eliminates all this. By using our App, you can have a payment made off your holiday booking in a matter of seconds. We want to change the total inconvenience around making payments off your holiday to having it as a quick, simple and a convenient process. As we are all aware of how busy people’s schedules are and little time people have to waist, ultimately by using our App, it can save you a lot of time and money.

How are you different?

We are different because we are the only company offering travel agencies & tour operators the ability to accept mobile application payments at present. A lot of people in today’s current climate cannot afford the holiday they desire, however, TravTab will give people the ability to book the holiday they want months in advance and allow them to pay in instalments at their own discretion up until the final payment is due. This eliminates personal loans and credit card charges with high interest rates for the customer and gives travel agencies and tour operators the ability to sell to a wider customer base.

Why will the company/product do well?

As everyone is aware, everything these days is mobile and mobile usage is continuing to grow at a rapid rate. A big part of this is payments and we feel the traditional travel agency industry needs to go mobile to keep up with the big OTA’s. Travellers are becoming more receptive to online payments in general as it is safer and quicker along with being the most convenient way to pay over the current traditional payment methods that are in place today.

Where are you based?

Dublin, Ireland.

When was the company launched?

The company will launch with its first client in Q3 this year.

What have been your biggest wins to date?

To name a few, signing one of Ireland’s largest travel agency portfolios and securing initial pre-seed investment.

What type of people (market segment) are you trying to attract to your product?

We are a B2B2C company whose client base are reputable and established travel agencies/tour operators and will attract travellers who wish to pay off their holiday by instalments that generally would not afford a large upfront payment.

Tell us about your team?

At present, there is two of us running the company. Since the beginning, we have bootstrapped TravTab using our own capital while also working part time in our old day jobs in IBM to get established. Since then, we have secured initial pre-seed funding and are spearheading the business on a full-time basis now. Given that we have both got so far to date on our own, we are extremely excited to build our team and grow as a business.

What are your long-term plans for the product/company?

Our initial product offering is payments based. We have a variety of further features in the pipeline to implement over the coming months are we are extremely excited about this. We plan to make some key new hires soon and we are currently raising our seed round at present. This funding will give us the ability to finalise our current sales pipeline and expand internationally.

What are your favourite tech gadgets?

My iPhone, it’s basically an office on the go.

Anything else you’d like to add? / we should have asked?

Are you hiring?

Yes, we are looking for a tech lead and mainly developers (Please drop us an email if you are interested in what we are doing).

How do people get in touch with you?

You can contact either founder at –

[email protected] or [email protected]

Please see www.TravTab.com


If you would like to have your company featured in the Irish Tech News Business Showcase, get in contact with us at [email protected] or on Twitter: @SimonCocking