“Can a corporate travel booking platform become the AI-native OS for both travel and spend management?”
Founded 2015 as TravelPerk, a corporate travel booking platform. Expanded into expense management via the 2025 Yokoy acquisition, then rebranded to Perk to signal evolution from pure travel booking into a combined travel + spend management platform. The 2026 Katanox partnership for hospitality payments infrastructure and the $300M credit facility underscore the pivot toward AI-native embedded finance across the travel-spend workflow.
TravelPerk processes payments through Katanox.
TravelPerk's embedded insurance is provided by battleface.
TravelPerk integrates with QuickBooks, Oracle NetSuite, Microsoft Dynamics 365 Business Central, Microsoft Dynamics 365 Finance, Sage and Xero.
The Embedded Finance Index 2026 maps 4 layers in TravelPerk's stack: Payments / PSP (Katanox); Insurance (battleface); Accounting (QuickBooks, Oracle NetSuite, Microsoft Dynamics 365 Business Central, Microsoft Dynamics 365 Finance and 2 others); Spend / AP (Perk Spend (self-operated, via Yokoy acquisition)).
TravelPerk was founded by Avi Meir, Javier Suarez and Ron Levin and is founded in 2015, headquartered in Boston and London (dual HQ); origin Barcelona.
TravelPerk has raised $609M+ equity plus $300M credit facility in total (latest round: Series E, 2025; valuation: $2.7B (2025)).
TravelPerk's acquisitions include Yokoy (2025).
Get a read on where your own stack stands against TravelPerk and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.