“We wanted an investor who valued founder entrepreneurs and appreciated the real life day to day challenges of managing growth. Magenta proved a natural fit with strong sector understanding and deep experience of growing businesses as both investors and entrepreneurs themselves. We are looking forward to the journey together.”

 Alex Gisbert – Founder & CEO, Fastpayhotels

Fastpayhotels

Date Invested: March 2019

Sector: Travel

Geography: Spain

Website: https://www.fastpayhotels.com/

Deal Team: Tom Matthews, Max Hallam

Founded in 2015 by Alex Gisbert and Elodie Leunen, Fastpayhotels (“FPH”) is a fast growing, dynamic rate hotel wholesaler, connecting sources of supply (hotels) with sources of demand (travel agencies and tour operators). FPH differentiates itself through selective hotel rate distribution and high use of technology. It’s platform architecture and automation allows FPH to seamlessly scale with its supply and demand partners whilst tailoring its solution to best meet their needs. FPH is already selling hotel rooms in over 78 counties from over 28 source markets with leading global hotel and travel agency brands.

FPH was introduced to Magenta via Tom Matthews who has known the founder CEO for over 5 years and has charted the business’ progress since inception.

Magenta invested in FPH in March 2019 and continues to be excited by the calibre of FPH’s management team and the growth opportunities that lie ahead in the Travel sector.