TripActions Receives $400 Million Strategic Investment

TripActions can help corporate users manage their business travel expenses more efficiently. Usually, employees always spend more money when they travel for business, which will increase the cost of the company, so TripActions came up with a good idea The method is to provide them with points rewards under the specified target travel budget-the company named this service “TripBucks”, and users can use these points to directly redeem Amazon gift cards or other products. TripActions recently announced that it has raised $400 million in credit financing from Goldman Sachs and Silicon Valley Bank.

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