Fintech
Latin America’s largest fintech bank launches HTS-based travel portal
Nubank Ultravioleta, Latin America’s largest fintech bank, announced the official launch of NuViagens, a travel portal powered by Hopper Technology Solutions (HTS). The platform is intended to provide Nubank’s 100 million customers the ability to book airline tickets, hotels and access travel-related financial technology for greater flexibility and convenience.
Globally, financial institutions are increasingly expanding their travel and loyalty program offerings to meet growing consumer demand for such services. Young travellers, in particular, represent a significant market segment with considerable spending power. By launching NuViagens, Nubank aims to engage these travelers and retain them through a simple and convenient travel booking experience.
HTS, the B2B division of global travel platform Hopper, specializes in travel benefits for cardholders. HTS now represents two-thirds of Hopper’s business and reaches millions of travelers around the world, providing travel and loyalty platforms for financial institutions.
NuViagens offers solutions for planning leisure trips, integrating the convenience of purchasing airline tickets and booking hotels via the Nubank app.
Key features include:
- Best Price Guarantee: NuViagens guarantees the best price for your bookings. If a customer finds a lower price on a flight or hotel within 24 hours of booking, Nubank Ultravioleta will refund the difference.
- Price Monitoring: The platform monitors flight prices and advises customers on the optimal time to purchase tickets. If the price of the flight decreases within 30 days of purchase, customers receive an automatic refund of up to BRL 500.
- Flexible Payment Options: Customers can pay for airline tickets and accommodation in up to eight interest-free installments using NuPay, Nubank’s exclusive payment method. Additionally, purchases come with a 1% cashback, resulting in 200% CDI growth.
- 24/7 Travel Support: Dedicated 24/7 travel-related support is available via the app chat or phone, ensuring assistance throughout your travel experience.
Livia Chanes, CEO of Nubank in Brazil, said: “After launching the Global Account for the high-income segment, we are excited to offer an even more comprehensive experience for those planning a new journey. With NuViagens, Ultravioleta customers will have a differentiated solution, with access to a practical and secure platform that will simplify the planning of leisure moments, all with the certainty of having made the best choice and with the guarantee of the best price”.
NuViagens, announced in July 2023, is the result of an exclusive partnership with HTS in Brazil. The platform will gradually be rolled out to Nubank Ultravioleta users over the next few months. Customers can access NuViagens through the “Ultravioleta Benefits” tab and the “Travel & Leisure” section under the Purchases tab in the Nubank Ultravioleta app.