Montreal-based Hopper has secured a partnership with Royal Bank of Canada to power its travel rewards platform, replacing longtime provider Expedia. The agreement will support RBC’s Avion Visa program as the bank seeks to expand its rewards membership from 10 million to 14 million users by 2029.
Hopper, which provides travel booking technology, already partners with multiple airlines and financial institutions globally. Chief executive Frederic Lalonde has indicated plans for a future public listing, targeting a valuation between US$5 billion and US$10 billion. The company was last valued at US$5 billion in 2022.
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