Business · Companies · 13 hrs ago

FlexiRoam expands mobile data deals through global partners

FlexiRoam expands mobile data deals through global partners

FlexiRoam is expanding its mobile data business through major partners instead of relying only on travellers to buy its plans directly.

The Australian company supplies data for people travelling abroad, aiming to make it part of services they already use.

A bank is offering eligible premium Mastercard holders 3GB of data a year for use across more than 150 countries and regions, with a discount on extra plans.

The bank pays for the benefit, while FlexiRoam earns an annual fee for each eligible account, whether or not the customer uses the data.

FlexiRoam is also working with travel and loyalty businesses, including Tune Protect and Dragonpass, which has a two-year agreement to offer data rewards.

The company has reported five consecutive quarters of positive operating cash flow, and recurring revenue made up 62% of revenue, according to the story.

FlexiRoam plans to grow by reaching more customers through established partners, though the story gives no timetable or guaranteed revenue for that expansion.

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What people are saying

Jefrey OngFlexiRoam CEO
We are just scratching the surface of what could potentially scale up with Mastercard, to more banks and more types of credit cards.
via Stockhead