YouTrip, Asia Pacific's leading multi-currency travel cardtrusted by millions of users with over US$15 billion (~483 billion baht 1 ) annual transaction volume, todayannounced its expansion into Australia. This launch marks the company's first entry into a new marketsince the COVID-19 pandemic and a significant acceleration of its regional growth strategy.Australia is one of the world's most active outbound travel markets, with over 12.3 million overseas tripsmade in the past 12 months 2 . Despite over A$50 billion (~1.1 trillion baht) 3 being spent oninternational leisure travel 4 , Australian travellers consistently lose value due to inflated exchange ratesand hidden fees charged by credit cards and money changers.The market's combination of high cross-border spending, mature digital adoption, and a clear demand forbetter foreign exchange value makes it a strategic third market for YouTrip's regional roadmap. Thisunderscores YouTrip's commitment and ambition to bring its no-fee multi-currency payment solution fromSingapore and Thailand to more travellers, in Australia and beyond.Juthasree (June) Kuvinichkul, Founding Partner of YouTrip Thailand, said: "YouTrip was foundedwith the mission to give travellers a more affordable, accessible and convenient way to make cross-border payments. Since our launch in Thailand back in 2019, we have made overseas payments more
affordable and seamless for Thai travellers with our best-in-market exchange rates at 0% FX fees. Ourexpansion into Australia, a market with substantial high-travel potential, is a strong validation of ourpayment innovation and the scalability of the infrastructure we have built."This launch also aligns with our long-term strategy as Asia Pacific's leading cross-border paymentsplatform, and Australia marks the start of our accelerated expansion plan into other high-FX marketsacross the region. We are excited to bring the trusted experience our Thai users love to more countriesfacing the same FX payment pain points, helping them unlock greater value on every trip," she added.YouTrip's Competitive Edge: Up to 4% More Savings for Australian TravellersYouTrip's proprietary FX payment infrastructure gives Australian travellers direct access to real-time mid-market exchange rates with 0% FX fees. This successful model, proven in Singapore and Thailand, nowallows Australians to get up to 4% more savings on their overseas spend.Launching ahead of the peak Christmas travel season, YouTrip gives Australians a timely alternative withits "mates rates, no fees" proposition. For the same A$1,000, YouTrip gave travellers A$40 more inJapanese Yen (4,105) 5 .
On top of that, YouTrip offers additional features designed to maximise every dollar spent overseas:- Enjoy 2% cashback 6 on international purchases (A$40 cap/month) during the first five months ofsigning up- Free ATM withdrawals worldwide, up to A$1,500 free overseas withdrawals per calendar month 7- Exchange and lock rates for 10 currencies (AUD, USD, EUR, GBP, SGD, HKD, JPY, CHF, CAD,NZD) anytime, anywhere, at the convenience of a single tapAustralia Sets Off YouTrip's Ambitious Regional ExpansionYouTrip is one of Asia's fastest-growing fintechs, with millions of users across the region. It processesover US$15 billion (~483 billion baht 8 ) in total payment volume annually, and has raised over US$110million (~3.54 billion baht) to support its technology development and market expansion.Australia serves as a strategic springboard for YouTrip's accelerated plan to expand into other high-FX,high-travel economies in the Asia Pacific, cementing its position as the region's leading multi-currencydigital payments platform. As part of its Australian entry, YouTrip is building a local team acrossoperations, marketing, finance, compliance, and customer support.YouTrip is now available nationwide in Australia on the Apple App Store and Google Play Store.