#Fly now pay later deals series#

Lead image: Fly Now Pay Later founder Jasper Dykes. Using a book now pay later payment plan, you can pay for your flights and hotels over time with no down payment required1, and easy monthly payments. It has struck partnerships with, amongst others, Malaysia Airlines and the airline payments network Universal Air Travel Plan.

#Fly now pay later deals series#

In 2021, it closed a £45 million Series A funding round, led by asset managers Taurus Wealth Advisor and Revenio Capital.Īccording to Crunchbase, it has raised a total of $177.7 million.įly Now Pay Later was founded by Jasper Dykes, who according to his LinkedIn profile is a “fintech entrepreneur”. In January 2022, the startup raised $75 million in debt funding from US investment firm Atalaya Capital Management, which it earmarked for US expansion. Our Fly Now Pay Later flight program does exactly what it stands for- making it possible for every flyer to travel stress-free. Theres a one-time activation fee: AED 250 for transactions below AED 4250 and 3.5 for transactions above AED 4250.

The total payment will be divided in four easy instalments. “Rest assured, existing accounts and services will continue as usual and our customer service team remains at your disposal to answer any queries or concerns you might have during this period.”įly Now, Pay Later's press office was unavailable but a support officer said it could not “provide a specific timeframe for when our services will be fully restored”. Our sales representative will get in touch with you and share the payment link. To use Afterpay, you must be an Australian resident over. Afterpay will assess your individual eligibility to make a purchase using its systems up to this amount. 'As such, we are not currently taking on new customers, or engaging in further lending, while we put these improvements in place. Fly Now Pay Later allows customers to spread the cost of a trip over 4 months without paying any interest. Afterpay is available for flights booked at least 48 hours before the first departing flight on the booking, and not exceeding a total cost of AUD 3000 including the 1.5 payment fee. “We are currently making improvements to our business to better serve our customers. The service is available to consumers via its app or at the checkout of travel merchants.Ī notice on its website says it has now stopped taking on new customers and further lending.

The London-based startup said it made the decision to stop lending and onboarding new customers as it was “making improvements “ to its business.īased in the UK, Fly Now Pay Later lets travellers spread the cost of booking a holiday or trip over up to 12 months.

A travel Buy Now Pay Later firm, which has raised nearly $180 million, has temporarily ceased lending and taking on new customers.įly Now Pay Later was launched in 2015 looking to revolutionise the travel industry by tapping into the boom around Buy Now Pay Later, which allows consumers to pay for goods in installments, typically interest-free.