Singapore-based online travel agency Laters.com, formerly known as Fly Fairly, has raised US$1.5 million in seed funding led by XBO Ventures, the investment arm of digital-asset platform XBO.com. The funding announcement coincides with the completion of the company's rebrand from flyfairly.com to laters.com. Laters.com is positioning itself as a payments-first platform that gives travelers more control over how they pay for flights.
A Payments-First Travel Model
The platform sells flights across more than 650 airlines and offers over 100 payment methods, including digital wallets, cryptocurrencies, and roughly 40 buy now pay later and installment options. Laters.com says the majority of its payment volume is already non-card, a pattern it describes as the inverse of much of the wider travel industry. Founder and CEO Alex Yardley said, "Nobody should lose the fare they found because payday is two weeks away."
Early Profitability and Market Traction
Laters.com launched from Singapore in August 2024 and has been profitable every month since February 2025. The company reports a run rate of more than one million travelers a year searching for flights on its platform, with the United States becoming its largest market. Consumer ratings stand at 4.8 out of 5 on both Google and Trustpilot.
The Role of Alternative Payments
Buy now pay later has gained traction in markets such as the United States, Australia, and parts of Europe, while Southeast Asia has become an important testing ground for alternative payments. Flight purchases are a sharp use case because prices move quickly and ticket sizes are often higher than typical e-commerce transactions. Laters.com says customers using local and flexible payment methods book 35 percent more often and spend 24 percent more per booking than card users.
Crypto at Checkout
The platform also accepts stablecoins and more than 70 other cryptocurrencies, settled at checkout like any other payment method. Crypto customers spend more than twice as much as the average customer, typically on long-haul trips and higher cabin classes. Dor Maman, co-founder and CFO of XBO, said the firm backs companies that turn digital assets into something people actually spend, and that the majority of Laters.com volume already moves outside card networks.
Transparency Tools
Laters.com is publishing two free tools for travelers navigating fragmented pay-later options: a country-by-country guide to fly now pay later providers such as Klarna, Afterpay, Zip and Atome, and the Laters.com Payment Score, which rates providers out of 10 on repayment flexibility, interest rate, eligibility and approval process. No provider pays to be scored, ranked, or placed, and the company earns the same margin regardless of how a traveler pays. The tools are designed to make the fragmented pay-later landscape easier to navigate before checkout.
Funding and Next Steps
The seed capital will fund growth of the Laters.com brand, expansion of the core flight business, and new products and verticals. Yardley hinted that the model may extend beyond flights, noting that what the company built works well beyond the travel category. The company is focused on giving younger travelers a booking experience built around how they actually pay.
Laters.com is making a focused bet that the next wave of online travel growth will come from giving travelers more control over how and when they pay. With early profitability, a growing United States presence, and non-card payments driving most of its volume, the company has demonstrated demand for a payments-first booking experience. The new seed funding provides room to expand that approach beyond flights and into adjacent consumer needs.