BRITISH VIRGIN ISLANDS – Despegar.com, Corp. (NYSE:), a prominent travel technology company in Latin America, has teamed up with Nubank (NYSE:NU), a leading digital banking platform, to integrate NuPay into Despegar’s travel services. This partnership is set to enhance the payment experience for users by offering a new payment option on the Despegar platform.
The collaboration is expected to provide strategic advantages for both Despegar and Nubank. Despegar will gain access to Nubank’s extensive customer base of 95.5 million in Brazil, significantly expanding its market reach. Conversely, Nubank’s customers will now have access to a broad range of travel services through Despegar, along with increased spending limits and a variety of payment options, including both debit and credit.
This initiative is anticipated to streamline the payment process, potentially increasing Despegar’s conversion rates and offering greater convenience to users of both companies. By leveraging Nubank’s…