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Booking’s Fintech Boss on the Strategic Importance of Its ‘Very Profitable’ Payments Biz
Yahoo Finance· 2025-10-30 16:45
Booking.com doesn’t disclose the financials of its fintech unit, but Daniel Marovitz, who heads up the division, said “we are a very profitable source of revenue for the company.” Marovitz spoke onstage at Skift Global Forum East in Abu Dhabi Thursday. Booking.com’s fintech unit was announced in July 2021 and a central is to help travelers avoid the typically high foreign exchange fees charged by banks and credit card companies when booking international travel. The fintech unit aims to support customer ...