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Airpaz

Can an Indonesia-born OTA become a full-stack, locally-adapted travel booking platform for all of Asia Pacific by embedding payments, insurance, and multi-currency support directly into the booking flow?

Founded2011
HQIndonesia
IndustryMarketplace / Travel
The story

Founded in 2011 as a Southeast Asia-focused flight booking platform, Airpaz began commercial operations in 2014 and gradually expanded into a comprehensive OTA covering hotels, travel bundles, and travel protection. By partnering with Stripe for global payment processing and Cover Genius for embedded travel insurance, Airpaz shifted from a regional flight aggregator into a multi-product travel platform serving 57 currencies and 37 languages across Asia Pacific and beyond.

Last 12 months
2024-12
Product timeline
2011
Airpaz founded in Indonesia as a flight booking platform focused on Southeast Asia.· pivot
2014
Began commercial activities and sold its first flight ticket.· pivot
2024
Partnered with Cover Genius to offer Comprehensive Travel Insurance at checkout for travelers in Malaysia, Vietnam, Indonesia, Thailand and the Philippines.· insurance
2024
Partnered with Stripe for payments to support global expansion beyond Southeast Asia, including Australian dollar processing.· banking
The stack
Payments / PSP
StripePayPal
Lending
PayPal Pay in 4 (0% interest installments for USD 30–1,500 bookings)
Insurance
Covergenius
FX & payouts
Stripe
Accounting gap: minor