We offer a proprietary payment gateway tailored for global airline operations.
Our startup, UATP Aircraft PGaaS, is a specialized payment network designed exclusively for the global airline industry. Like a dedicated payment processor and credit card network for airlines, UATP allows organizations to smoothly manage and pay for air travel and related expenses. Major airlines such as Lufthansa, United, Emirates and several others utilize our service for their day-to-day operations.
Our vision is to be the leading, innovative payment infrastructure for the aviation industry, simplifying seamless transactions.
Our customers are individual and corporate travelers booking air travel, airlines, online travel agencies, and businesses that integrate our payment system.
UATP Aircraft PGaaS solves the fragmented, outdated payment systems in the aviation industry by providing a unified, secure, and scalable payment platform. It streamlines transactions across B2B and B2C, offering seamless integrations, real-time reporting, fraud protection, and global payment support, empowering airlines and partners to innovate and optimize their financial operations.
The problem is significant as outdated payment systems cause inefficiencies, higher costs, security risks and stifle innovation in the aviation industry.
We're offering a unified, industry-specific payment gateway. Our solution ensures secure and efficient transactions across all B2B & B2C aviation platforms.
Our solution is an API-driven platform that connects all parties, ensures real-time payment processing and compliance, offering detailed analytics.
Our solution ensures streamlined, secure payments and faster transactions. It elevates efficiency and innovation for airlines and partners.
We estimate the market size for which our solution is designed in monetary terms as follows
Is our goal in the next 3 years
My key role is Product Design Lead and I'm responsible for shaping user experiences, conceptualizing designs, and fostering product development.
Our team has a diverse skill set, with leaders in fintech, cloud tech, AI, aviation and user-centric design working together to optimize our services.
Our main competitors are Adyen with its global payment platform, Worldpay and Stripe serving airlines and travel agencies with their processing solutions, and traditional GDS systems like Sabre and Amadeus which also offer payment services.
Our product is explicitly designed for aviation businesses, providing tailored solutions like seamless UATP integration, global compliance & real-time analytics. By focusing on unique airline needs such as loyalty programs and better system integrations, we outshine general platforms.
We earn through transaction fees, charging clients for our Payment Gateway-as-a-Service that offers processing, system integrations, fraud detection and analytics.
In the past six months, we've launched our Aircraft PGaaS with core features, onboarded 3 airlines and 2 travel agencies, reduced processing time by 20%, achieved PCI DSS compliance, and added features based on customer feedback.
PitchBob’s recommendation: We track Transaction Volume, Conversion Rate, Customer Retention, Revenue Growth, and Fraud Detection Accuracy. Over the past 6 months, we've seen a 30% increase in volume, improved conversion by 15%, retained 90% of customers due to satisfaction levels which boosted revenue by 25%, simultaneously improving fraud detection accuracy by 20%.
Achieving robust financial growth, we've seen a 25% rise in revenue over the past half-year, thanks to new clients and premium features. We have a 90% retention rate with sights set on breaking even in a year. A surge of 30% in transactions and optimized operational costs enhance profitability.
Our company incorporated in
Our project faces several risks: regulatory changes may affect our operations, competition is intense as large players could venture into aviation-specific solutions, potential integration difficulties with legacy airline systems can slow adoption and cybersecurity threats pose challenges.
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We raised investments
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Currently, we are raising investments
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Estimated pre-investment valuation of the company
We've created a solution aimed at optimizing aviation payments through global compatibility, real-time analytics, and effortless integration. Our endeavor is to lower transaction expenses, boost security and foster innovation. Harnessing our team's rich experience in aviation, fintech and technology sectors, we promise not just growth but also scalability.