Feb
25
2020
TripActions is a corporate travel management and booking tool that travelers seem to like a lot more than suffering through Concur. They’ve just announced their second product, which is a company credit card aimed at business travel and called Liquid. Companies using it in beta include Zoom, Lyft and letgo.
This isn’t a co-brand credit card, they’ve actually raised a $500 million debt facility to finance payments for the TripActions Liquid Visa themselves. This way they’re able to offer seamless integration between payments and travel without a bank getting in between booking, payments, reporting, and control.
