azgo, a travel cashback app that launched in February 2024, has swiftly reached its annual growth targets within just six months, underscoring its rapid expansion and the market’s appetite for innovative travel solutions. Since its debut, azgo has attracted over 250,000 users across major markets, including China, Singapore, and Hong Kong, while generating more than USD 2.4 million in Gross Merchandise Value (GMV).

The fast growth of azgo, marked by an impressive 620% month-on-month increase, highlights a significant gap in the market that both consumers and merchants are eager to fill. Backed by a leadership team with experience at industry giants like Booking.com, Trip.com, and Skyscanner, azgo is rapidly positioning itself as a disruptor in the travel tech industry.

Innovations Driving Growth

A key factor behind azgo’s success is its focus on accelerating the payout of rewards to its customers. While the industry standard for reward payments typically ranges from 60 to 90 days post-fulfillment, azgo has reduced this to just seven days. The company is currently testing an even faster payout timeframe of one to three working days for select merchants, with plans to expand this feature widely.

Additionally, azgo leverages artificial intelligence to enhance the validation process for cashback on deals offered by its travel partners, including Booking.com, Agoda, and Pelago by Singapore Airlines. Another standout feature is azgo’s customer service, which provides personalized responses to customer inquiries within 30 minutes during operating hours, distinguishing it as the first mobile-first platform to offer this level of service in the travel booking space.

Yan Yuan Sng, Head of Country, Singapore, stated, “We are thrilled to announce the remarkable success and growth we have achieved in just a short six months. Our commitment to revolutionising the travel experience through our AI-driven platform and innovative solutions have resonated well with travellers and merchants throughout the region, exceeding our initial expectations. This spectacular growth is testament to the capabilities of our team, made up of leading industry experts, who have a unified mission to deliver unparalleled value to our customers and partners.”

Looking ahead, azgo aims to become the leading AI-driven platform for rewards and price comparison in the travel sector, enabling users to make more informed decisions. With several top-tier Online Travel Agents (OTAs) already partnering with azgo, the company plans to continue expanding its network of partnerships. Notably, its collaboration with Pelago by Singapore Airlines has generated significant results, achieving over six-digit GMV within just three months.

As part of its next phase of growth, azgo will be expanding into the United States and Australia markets, following its successful launches in China, Singapore, Hong Kong, and Vietnam.

“Our journey has only just started, and we are looking forward to continue redefining the travel tech landscape and unlocking greater value for everyone,” said Yan Yuan Sng.