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Founded Year

1999

Stage

PIPE | IPO

Total Raised

$341.68M

About Decolar

Decolar is a travel company in the technology sector. The company offers travel-related services, focusing on creating enriching experiences for travelers. It primarily serves the travel and tourism industry. Decolar was formerly known as Despegar. It was founded in 1999 and is based in Sao Paulo, Brazil.

Headquarters Location

da Grajaú, 219, 2nd floor, Alphaville CentroIndustrial and Business, Barueri,

Sao Paulo, 06454-050,

Brazil

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Expert Collections containing Decolar

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Decolar is included in 1 Expert Collection, including Travel Technology (Travel Tech).

T

Travel Technology (Travel Tech)

2,715 items

The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.

Latest Decolar News

Brazilian Fintech Koin Expands Services and Aims to Double Credit Volume in 2024

Feb 16, 2024

Brazilian Fintech Koin Expands Services And Aims To Double Credit Volume In 2024 Koin , a Brazilian fintech known for its buy now, pay later (BNPL) and digital installment plans, has broadened its product portfolio since being acquired by the Argentine group Despegar (operating as Decolar in Brazil) in August 2020. The company has introduced solutions such as Pix installments, payment gateway, anti-fraud, and its own marketplace, Akin Shop. This diversification, along with improved credit models and partner base review, resulted in the company achieving positive EBITDA in the last quarter of 2023. Lucas Iván González, Koin’s Chief Product Officer (CPO), stated that the goal for 2024 is to generate positive EBITDA for the entire year. The BNPL operation, previously at a deficit, began to show profits in 2023, with a contribution margin of approximately 8%. Koin aims to double its loan volume this year and is investing significantly in its application and commercial area. The company sees a favorable scenario for credit due to the reduction of the basic interest rate in Brazil. Koin’s BNPL has an approval rate of 75% and processes around 400 transactions per day, with an average ticket of R$2,500. The company aims to increase this recurrence rate and has launched an app to achieve this. Koin also tailors its payment terms based on industry segments such as tourism, education, apparel, beauty, and cosmetics. The company carefully analyzes each transaction to ensure a healthy relationship with its customers. Scaling a startup or scouting for your next deal? We help you get there faster. Subscribe By checking this box, you confirm that you have read and are agreeing to our terms of use regarding the storage of the data submitted through this form. Previous Article

Decolar Frequently Asked Questions (FAQ)

  • When was Decolar founded?

    Decolar was founded in 1999.

  • Where is Decolar's headquarters?

    Decolar's headquarters is located at da Grajaú, 219, 2nd floor, Alphaville CentroIndustrial and Business, Barueri,, Sao Paulo.

  • What is Decolar's latest funding round?

    Decolar's latest funding round is PIPE.

  • How much did Decolar raise?

    Decolar raised a total of $341.68M.

  • Who are the investors of Decolar?

    Investors of Decolar include L Catterton, Waha Capital, Expedia, Sequoia Capital, Tiger Global Management and 14 more.

  • Who are Decolar's competitors?

    Competitors of Decolar include Travelocity and 5 more.

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