Amadeus today announces the acquisition of Voxel, a leading provider of electronic invoicing and B2B payment solutions for travel agencies, hotels and other players in the sector. This transaction will reinforce Amadeus' vision of offering a simple payment experience in the travel sector. It will also complement Amadeus' payments business, Outpayce, enhancing its current product line for travel agents, while expanding into hotels.
The addition of Voxel solutions to the current Amadeus offering means access to a greater variety of payment services for travel agents and a more automated form of electronic invoice management for tour operators, TMC (Travel Management Company). acronym in English), hotel aggregators and hotels. The acquisition of Voxel will also help Amadeus better serve its corporate customers by further automating the business travel experience, from bookings and payments to expense management
. Thanks to this integrated technology, Amadeus will continue to better connect the travel industry and reduce manual processes for a more fluid and agile experience.
Decius Valmorbida, President, Travel, Amadeus, commented: “The acquisition of Voxel brings a complementary line of solutions to enrich Amadeus' end-to-end offering, driving smart technology to benefit the broader travel sector and ecosystem. Payments are present at every stage of the travel experience. To make the travel experience better, it is crucial that we ensure agile, integrated and even invisible payments. We now have a team of experts who are passionate about payments and a wide range of customers who will be able to leverage the power of Amadeus and Voxel together. “This is another example of how Amadeus improves the travel experience for everyone, everywhere.”
Àngel Garrido, CEO, Voxel, added: “Amadeus is at the center of the travel industry, and we couldn't be more excited to now be part of this team. Amadeus has a global reach, with travel and technology experts working for a better, connected journey from door to door. These attributes, combined with Amadeus' deep roots in the travel sector, have created a unique opportunity for Voxel and Amadeus to grow faster and integrate innovative and automated technology, improving not only processes for travel agents, but also for travel providers. The combination of our technology, teams, the strong harmony of our business cultures and our connections will undoubtedly bring us one step closer to more agile and simpler travel payments."
David Doctor, CEO, Outpayce, said: “Since the creation of Outpayce, Amadeus’ payments business, the aim has been to strengthen the existing offering and develop an integrated payments ecosystem that travel businesses can connect to, and access. the latest fintech innovations. The acquisition of Voxel allows us to do both.
I'm very proud to mark another milestone in our journey to offer easy travel payments. "I look forward to working closely with the Voxel team."
Voxel is specialized in electronic invoicing and B2B electronic payments. Voxel's Bavel Platform manages electronic payment processes comprehensively. More than 50,000 hotels, more than 1,000 tour operators and travel companies, and more than 3,000 restaurants and franchises in more than 100 countries currently benefit from this platform. This is made up of Bavel Pay, Bavel Billing and Bavel Procurement, and manages more than 100 million transactions per year.
Voxel, a privately held company, was founded in 1998 and is headquartered in Barcelona, Spain. The acquisition, now closed, involves the incorporation of more than 200 Voxel employees to Amadeus.