Born from two decades of travel tech experience, Precision evolves from a single risk management solution into a comprehensive fintech provider featuring Fraud Prevention and Travel Flexibility products.
Stockholm, Sweden, October 6th, 2026 - Etraveli Group, a leading global technology provider for flights, today announced the official rebranding and strategic repositioning of Precision, expanding its scope to become the Group’s dedicated specialist in travel fintech. Built on over 20 years of industry experience, Precision provides purpose built fintech capabilities designed to solve complexity in travel.
Previously recognized primarily as a risk management solution, the refreshed Precision brand launches with a broadened portfolio anchored by two core products: Precision Fraud Prevention and Precision Travel Flexibility.
Designed "for travel, by travel," Precision helps airlines, Online Travel Agencies (OTAs), and global travel businesses grow profitability, increase conversion, and scale with confidence in an industry well known for its low margins.
Precision’s portfolio addresses critical commercial touchpoints across the booking journey:
- Precision Fraud Prevention: Turns fraud management from a traditional cost center into a driver of profitable growth. Built on travel-native machine learning models, trained on millions of travel data points, it enables businesses to approve more genuine customers and protect margins without trading risk against fraud costs.
- Precision Travel Flexibility: Enables travel companies to offer smarter, contextual flexibility options tailored to individual booking scenarios. By balancing eligibility, dynamic pricing, and coverage through a proprietary decisioning layer, the solution boosts attachment rates, drives conversion, and strengthens commercial performance.
Trusted by Global Industry Leaders:
In addition to powering Etraveli Group’s own global consumer brands, Precision serves major external B2B clients and integrates seamlessly into the global travel infrastructure. The business is trusted by industry-leading providers, including Outpayce by Amadeus, Mastercard Gateway, Sabre, and Checkout.com.
Peny Rizou, Chief Fintech Officer of Etraveli Group and Head of Precision said:
"Precision was born out of real commercial necessity in an industry defined by tight margins and high complexity. Over two decades, we have honed these capabilities internally. By evolving Precision into a specialized fintech arm, we are giving airlines, OTAs, and travel partners access to travel-native intelligence that turns challenges - like fraud and cancellation risks - into scalable, profit-generating strategies."
About Precision:
Precision is Etraveli Group's travel fintech arm, born from over 20 years of industry experience. Built to solve the real challenges of a low-margin industry, Precision helps airlines, OTAs, and travel businesses protect profitability and grow with confidence. Its specialist portfolio is anchored by two core products: Precision Fraud Prevention, which turns fraud management into a driver of profitable growth, and Precision Travel Flexibility, which enables smarter, more profitable flexibility products. Today, Precision serves both Etraveli Group’s ecosystem and some of the industry's largest global travel brands. https://www.precisiontraveltec...
About Etraveli Group:
Etraveli Group is a leading global flight technology provider, specializing in flight sales, fulfillment services, and fintech products for the flight industry. The company partners with major global platforms such as Booking.com, Google Flights, Skyscanner, and Kayak, providing seamless flight booking and related services. Its B2B portfolio includes Precision, the group’s specialist in travel fintech; Tripstack, a B2B Flights-as-a-Service provider and global leader in virtual interlining, serving as the gateway to Etraveli Group’s flight content and fulfillment services; Wenrix, the AI Infrastructure for profitable growth in air; and Flygresor.se, Sweden’s leading flight comparison site. Etraveli Group also operates its own online travel agency brands, including Gotogate, Mytrip, and Flightnetwork. Headquartered in Stockholm, Sweden, the company employs over 3,200 people across 11 offices worldwide and serves more than 48 million travellers annually in over 75 markets. It is owned by the private equity firms CVC Capital Partners and KKR.
