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Expedia

Provider
Travel

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 5 companies across 1 category.

expedia.com ↗Also analysed as a company — its own stack →
CategoriesTravel
Rank#2 of 8 in Travel
Buyers5 companies
HeadquartersSeattle, Washington, United States
Founded1996
FoundersRich Barton

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Founders & story · from Expedia’s own dossier

Founded in 1996 inside Microsoft as the first major consumer-facing online travel booking service, Expedia was spun off and subsequently became the nucleus of a broad travel marketplace through aggressive acquisition of brands including Hotels.com, Vrbo, Orbitz, Travelocity, Trivago, and Hotwire. The company's embedded finance strategy has evolved from pure transaction facilitation to layering consumer financing (Affirm BNPL), travel insurance (XCover/Cover Genius), and fraud prevention (OpenWorld Merchant Shield) directly into the booking funnel. As of 2026, Expedia is focused on deepening platform monetization by embedding financial products at the moment of travel intent.

Recent developments
  • 2026-01Expedia Group and Affirm announced an expanded, multi-year exclusive BNPL partnership for US lodging and packages across Expedia, Hotels.com, and Vrbo, with plans to expand to Canada. source ↗
  • 2026-03Expedia Group secured a $2.5 billion unsecured revolving credit facility, closed March 27, 2026. source ↗
  • 2026-04Expedia Group issued $1 billion in 5.500% senior unsecured notes due April 2036, with proceeds for general corporate purposes including debt repayment and share buybacks. source ↗
Full dossier: Expedia’s own stack, layer by layer →
Who uses Expedia
5 companies disclose Expedia in their stack
MastercardRevolutSoFiScotiabankCibc
Buyer mix · 5 of 5 classified
Bank / National · 2Fintech / Neobank · 2Infrastructure / Payments · 1
US · 2Canada · 2UK · 1
What the disclosures say
Mastercard
“Travel with Rewards: white-label travel booking portal Mastercard offers its card issuers for points redemption, built with Expedia Group, announced 9 May 2023 (https://newsroom.mastercard.com/news/press/2023/may/expedia-group-and-mastercard-turn-everyday-spending-into-extraordinary-experiences/)”
View source · newsroom.mastercard.com ↗
Revolut
“Revolut Stays: Revolut's Stays terms name Expedia as a supplier of hotel and Vrbo bookings (https://www.revolut.com/legal/stays/) Revolut Stays: Nuitée (LiteAPI) added 1.5M+ properties to Revolut Stays from September 2025; Revolut's terms also name Nuitée (https://nuitee.com/insights/nuitee-revolut-unlocking-hotels-acc…”
View source · revolut.com ↗
SoFi
“SoFi Travel: SoFi Travel, powered by Expedia: the portal is operated by Expedia on its white-label template (launched May 2023, still live) (https://www.sofi.com/sofi-travel/)”
View source · sofi.com ↗
Scotiabank
“Scene+ Travel, Powered by Expedia: Scene+ points travel booking powered by Expedia, launched December 2021 (https://scotiabank.investorroom.com/2021-12-14-Scotiabank-and-Cineplex-Transform-Loyalty-Landscape-in-Canada-with-the-Launch-of-Scene)”
View source · scotiabank.investorroom.com ↗
Cibc
“CIBC by Expedia: Aventura rewards travel booking through CIBC by Expedia, launched 1 October 2024 (https://cibc.mediaroom.com/2024-10-01-CIBC-Aventura-clients-now-have-access-to-more-travel-options-through-new-CIBC-by-Expedia-CIBC-Rewards-Centre)”
View source · cibc.mediaroom.com ↗
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Expedia? Claim this profile above to unlock your own full list.
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What Expedia runs on · from its own dossier
The third-party providers Expedia itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Expedia.
Lending
Affirm
Full dossier with evidence for each layer →
Alternatives to Expedia

Other Travel providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Duffel7 buyers →Hopper5 buyers →Spotnana3 buyers →Navan2 buyers →Agoda1 buyer →Nuitée1 buyer →Priceline1 buyer →
Share this rank

An embeddable badge for Expedia’s own site — it always shows this page’s current rank, so it stays accurate as new disclosures land. States its own denominator; never claims a number this page doesn’t.

Ranked #2 of 8 in Travel — Embedded Finance Index 2026
Copy-paste snippet
<a href="https://www.embeddedfinanceindex.com/vendors/expedia?ref=badge">
  <img src="https://www.embeddedfinanceindex.com/api/badge/expedia.svg"
       alt="Ranked #2 of 8 in Travel — Embedded Finance Index 2026">
</a>
<img src="https://www.embeddedfinanceindex.com/api/badge/expedia/install" width="1" height="1" alt="" style="display:none">

Expedia — frequently asked

Which companies use Expedia?

5 companies are linked to Expedia in the Embedded Finance Index 2026, through their own public disclosures or Expedia's published customer list, including Mastercard, Revolut, SoFi, Scotiabank and Cibc.

What does Expedia do?

Expedia is an embedded-finance provider in Travel. It ranks #2 of 8 Travel providers by linked companies.

What are the alternatives to Expedia?

The most-named Travel alternatives to Expedia are Duffel (7 buyers), Hopper (5 buyers), Spotnana (3 buyers), Navan (2 buyers), Agoda (1 buyer) and Nuitée (1 buyer).

Who founded Expedia?

Expedia was founded by Rich Barton and is founded in 1996, headquartered in Seattle, Washington, United States.

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