(LINK) Skift Top Travel Startups to Watch 2019 – Skift

Congrats to Travelstop team – awesome stuff.

Skift Top Travel Startups to Watch 2019 – Skift:

BUSINESS TRAVEL MANAGEMENT SERVICES FOR SMALL COMPANIES

Money Raised: $1.2 million
Headline Investors: SeedPlus

Skift Take: TravelPerk and TripActions are popularizing cloud-based business travel management in the U.S. and Europe. The startups offer services for high-growth, midsize businesses that are too small to hire full-service travel management agencies but too large to cope with travel booking hassles on their own. Travelstop aims to bring a locally relevant and uniquely sophisticated version of this concept to Southeast Asia. It can cope with local tax issues and preferred payment methods, and it can offer bookings on most regional and budget carriers. CEO Prashant Kirtane previously co-founded Travelmob, a vacation rental booking service that Expedia Group acquired in 2015.

(LINK) Libra Cryptocurrency: Facebook set to bet high on Libra crypto

Libra Cryptocurrency: Facebook set to bet high on Libra crypto:

Blockchain enthusiasts are also questioning whether Libra truly hews to the spirit of decentralized technology represented by crypto currencies worldwide. Facebook’s plan to comply with common regulatory requirements mandated by central banks like information about the user and usage of government backed securities, is in order to drive initial adoption of the cryptocurrency and the wallet according to Ramani Ramachandran, cofounder and CEO of ZPX, a Singapore-based blockchain startup.

“This is the opposite of true crypto. It is completely KYC-driven, regulated by local laws and influenced by anyone who wants to pay up to $10 million and be a validator node,” he said.

Nice quote from Ram of ZPX.