YouTrip targets 10% growth a year

YouTrip, Asia-Pacific's leading multi-currency travel card, expects to maintain annual growth of 10% over the next three years and is preparing to list on a US stock exchange during that period.

- SOMRUEDI BANCHONGDUANG

According to Juthasree Kuvinichkul, founding partner of YouTrip Thailand, the company recorded steady business growth over the past three years, achieving a 10% annual increase in transaction volume through the YouTrip travel card. YouTrip aims to sustain this growth momentum over the next three years, she said.

The Singapore-based fintech firm reported an annual transaction volume of US$15 billion, around 483 billion baht, generated from its markets in Singapore and Thailand, where it launched in 2018 and 2019, respectively.

"We want to maintain 10% annual growth for three years and expand operations into two additional markets in Asia-Pacific next year," Ms Juthasree said.