UTU Pte. Ltd.
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UTU Pte. Ltd. - overview
Established
2016
Location
Singapore, -, Singapore
Primary Industry
Financial Services
About
Based in Singapore and founded in 2016 by its CEO Asad Jumabhoy and co-founder Ameer Jumabhoy, UTU Pte. Ltd. operates as a travel technology company that empowers travelers to obtain VAT and GST refunds. As of June 2022, the company has a team of 56 people that operates in France, Italy, Thailand, South Korea, and India.
UTU Pte. Ltd. 's product offering includes the UTU tax-free card which is a virtual card for tourists to upsize their tax refunds via two methods: 25% upsize of the tax refund value in frequent flyer miles from utu’s airline partners or up to 5% more tax refund on payment card when shop in countries that use the Euro; UTU Membership gives utu users access to the benefits of the basic utu tax-free application with the option of bonus features by signing up for a premium tier. The company mobile application Utu tax-free is available on iOS and Android devices.
Current Investors
Korvac Holdings, SC Ventures
Primary Industry
Financial Services
Sub Industries
Travel & Leisure, Financial Services, Internet, Accounting/Finance Software
Website
www.utu.global
Verticals
Big Data, FinTech, Mobile Apps
Company Stage
Series B
Total Amount Raised
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