German travel management company Lanes & Planes has partnered with Katanox, a travel accommodation distribution and fintech platform.
The partnership means Lanes & Planes will be able to connect directly with accommodation providers across Katanox’s platform and benefit from commission reconciliation and the ability to receive net payouts.
Lanes & Planes was founded in 2017 and is a fully digital travel and expense management solution. It was ranked the 16th largest TMC in Germany in BTN Europe's Leading TMCs report last year, and works with companies across a range of sectors including financial and professional services, hospitality, tourism and catering, information technology, manufacturing, retail and utilities.
Last autumn the company secured $35
million in Series B funding, led by Smash Capital, Battery Ventures
and Coparion.
Katanox is a
travel accommodation distribution and fintech platform that
facilitates the distribution of travel accommodation inventory and
payments.
Veit Blumschein, CEO and co-founder of Lanes & Planes said: “Many say such things with hyperbole, but I truly mean it when I say Katanox are real game-changers and are making a real and necessary difference within the hospitality industry.”