Features, Benefits and How it Works
YouTrip is a Singapore-based fintech company offering a multi-currency travel wallet, aimed at providing travelers with a more convenient and cost-effective way to manage their money while abroad.
Launched in 2018, YouTrip has quickly gained popularity across Southeast Asia, particularly in Singapore, Hong Kong, and Thailand, thanks to its user-friendly mobile app and a fee-free multi-currency Mastercard.
Moreover, the core appeal of YouTrip lies in its ability to let users spend in over 150 currencies without any transaction fees or markups on foreign exchange rates, making it an attractive option for frequent travelers looking to avoid the high costs associated with traditional banks and currency conversion services.
Likewise, the YouTrip app allows users to hold, exchange, and manage up to 10 different currencies in real-time, giving them full control over their money as they travel. The app’s interface is intuitive, offering instant updates on spending and allowing for quick currency conversions with competitive rates. It also comes with security features such as the ability to lock and unlock the card instantly, ensuring users have peace of mind in case of any card-related issues while traveling.
In addition to its primary focus on travel, YouTrip has expanded its utility by offering cross-border e-commerce services, allowing users to make purchases from international online retailers without incurring additional fees. This broader focus on eliminating friction in international transactions has helped YouTrip carve out a niche in both travel and online shopping markets. By addressing the common pain points of currency exchange and cross-border spending, YouTrip has positioned itself as a modern financial solution that meets the needs of global citizens in an increasingly connected world.
Founded: 2018
Headquarters: Singapore
Users: +5 million
Countries available: Singapore, Malaysia and Hong Kong
Account plans: multi-currency accounts for personal users and businesses