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Fora Raises $60 Million At Nearly $1 Billion Valuation

Travel startup Fora has raised $60 million in fresh Series D funding, lifting the company to a $1 billion valuation and underscoring investor conviction in a business model built around the modernization of travel advising.

A Platform Built For Both Sides Of The Market

Founded in 2021, Fora operates a two-sided platform designed to streamline the travel planning process. On one side, it gives aspiring travel advisors the tools and infrastructure to start selling trips, including client communications and itinerary management. On the other, it helps travelers find and work with advisors for trips ranging from honeymoons to family vacations in destinations such as Costa Rica and Thailand.

The latest round was led by Forerunner and Tactile Ventures, with participation from Insight Partners and Thrive Capital. Fora said it has now raised $138.5 million to date.

AI Is Being Positioned As A Force Multiplier

Part of the new capital will go toward expanding Via, Fora’s AI assistant, which is built to handle repetitive administrative work such as research and itinerary creation. The company’s goal is not to replace human advisors, but to make them more productive by freeing up time for higher-value work, including relationship building and client service.

That strategy reflects a broader enterprise logic now shaping AI adoption across industries: automation is most valuable when it removes low-leverage tasks and amplifies skilled human labor, rather than attempting a full replacement.

Growth Is Coming From New Talent And Rising Demand

Fora said agents on its platform have booked more than $3 billion in travel since launch, with most of those advisors coming into the business without prior travel-industry experience. That is a notable signal for a category historically limited by barriers to entry and fragmented tooling.

The company also plans to use the new funding to expand into adjacent travel categories, including cruises and flights, as it looks to deepen its role in the broader travel ecosystem.

Eurobank Wins Two Euromoney Awards Following Cyprus Merger

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

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