Event: 2025 Phocuswright Conference
Product: PRECISION, Solving Risk for Travel
HQ: Stockholm, Sweden
Funding: Privately funded
Product Description: Backed by 20+ years of travel expertise, PRECISION is a next-generation, fully managed fraud prevention solution purpose-built for the industry. Its dynamic engine – powered by advanced AI, adaptive algorithms, and real-time insights trained on millions of travel-specific data points – delivers unmatched accuracy across direct and indirect channels. A continuous feedback loop refines performance, balancing risk, cost, and customer experience to drive growth and protect revenue.
Business Model: PRECISION operates as a fully managed solution, delivering long-term value through expert-led fraud prevention tailored to the needs of travel businesses. Our model is focused on removing complexity, optimizing performance, and supporting scalable growth – built on transparency, flexibility, and results.
Competitors: Generalist fraud solutions not built for the realities of travel – lacking domain expertise, adaptability, and travel-specific performance focus.
Competitive Edge: Born from travel, for travel. PRECISION is built not just to stop fraud, but to unlock performance. With 20+ years of industry expertise, travel-tuned models, expert-managed strategies, and a feedback loop, it goes beyond fraud KPIs to boost conversion, control cost, and protect every channel.
Market Opportunity: Global air travel is projected to surpass 12 billion passengers by 2030*, up from 9.5 billion in 2024, with fraud and payment complexity increasing significantly in parallel. Travel merchants need specialized solutions that balance fraud control with commercial performance. PRECISION addresses this critical gap with a proven, scalable model purpose-built for travel – delivering unmatched accuracy, lower operational cost, and stronger revenue protection across the entire payment ecosystem.
Source: Airport Council International
Early Customers: Used by Gotogate, Mytrip, and Flight Network - processing multi-billion dollar volumes annually.
