Entravel Group, a travel infrastructure company founded by Danish entrepreneur Mathias Lundoe Nielsen, has raised $7.5 million in a round co-led by Ethereal Ventures and Finality Capital, with participation from GSR, Varrock, G1 Ventures, Seier Capital, Veris Ventures, Funfair Ventures and WTG Ventures. Entravel provides white-label travel booking infrastructure, allowing companies such as fintechs and digital platforms to offer hotel bookings under their own brands. The company has built more than 40 such platforms, including for Kraken, MetaMask and KuCoin. It will use the new funding to increase its supplier credit facilities, support higher booking volumes and develop a stablecoin-enabled layer for settlement and working capital. A...
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