Fellow Funders bets on investing in surprise trips
- WowTrip is the new investment opportunity at Fellow Funder’s platform with a €150,000 round.
- We have already recruited 50% of the target in our investment round.
- Travelling a surprise destination in Europe is the new trend that WowTrip has been promoting since 2016.
- Fellow Funders is an equity crowdfunding platform authorized and supervised by CNMV and founded by banks ex-directives.
WowTrip start-up together with Fellow Funders
Fellow Funders is growing and it means implementing investment rounds of new interesting copmanies to invest. The new bet of the equity crowdfunding platform is WowTrip: an online travel agency which commercializes and manages surprise trips around Europe.
This Spanish company has been focused on new ways of travelling since 2016. WowTrip works on organizing trips with a European surprise destination. The key of this business is that the customer do not know the destination until up to last moment in the airport. According to Alberto Alcolea, CEO from WowTrip, “This company provides a new way of travelling that, on one hand, make the traveler feel exciting, and, on the other hand, takes all the effort out of organizing a trip online. WowTrip’s surprise trips bring excitement, freedom and simplicity in a one-minute booking process”.
This investment round that Fellow Funders is launching starts with a total amount of €150,000. Its business model allows them to have a scoring of 67/100 and a dynamic risk. With only two years of life, WowTrip is already in Spain, Germany, Switzerland and United Kingdom and they expect to keep expanding their project to other European countries. “They invoice, only in Spain, €60,000 per month, and 35% of their customers comes from the so-called word-of-mouth”, says Francisco Mariscal, the CEO at Fellow Funders. And he continues, “It is a project with much scalability and with an equity of 6.98%. Its business model allows them to choose the flights and hotels in the countries with less cost for them. In this way, the maintain a really attractive and competitive prices for customers”.
What does WowTrip consists of?
WowTrip is a B2C that mix two types of business: on one hand, the traditional agencies, as they manage and organize trips; on the other hand, they are an online search engine because of their digitalized structure and their competitive prices. Alcola confrims that, “The current travelers are seeking experiences and this is what we want them to have with WowTrip, a unique experience and impossible to obtain with any other type of travelleing agency. Our two main added values are the surprise factor and the elimination of all effort on the part of the traveler”.
Fellow Funders encourage every potential investor to take part of this project with this original business model. WowTrip has a team especialized in the tourism sector, that give a unique and different experience to the customer. Moreover, it provides the investor a really scalable project and with a great financial forecast.