Travel Clearing

What Travel Clearing does

Travel Clearing (legal entity Nordic Travel Clearing AB) is a Sweden-based B2B Software-as-a-Service company founded in 2002 that operates a payment-clearing and reconciliation platform for the corporate travel ecosystem. The company connects three stakeholder groups — corporate buyers, Travel Management Companies (TMCs), and travel suppliers (hotels, rail, car rental, taxis) — and automates the full flow from booking capture through B2B payment, invoice validation, and reconciled data delivery back into corporate accounting systems. Its positioning is explicitly neutral and non-competitive with TMCs: TMCs retain their existing booking tools while Travel Clearing layers on payment clearing, e-receipts, policy enforcement, and supplier settlement.

The technology stack is built around automated booking-data capture from TMC systems, smart selection of B2B payment methods (integrated with Airplus, American Express, Diners Club/SEB, and First Card/Nordea), invoice validation against original booking data, and structured financial-data delivery into client accounting systems. Supporting components include the Clearing.nu hotel supplier portal, WebService3/WebService4 backend APIs, a Travel Profile module for traveler preference management, an FTP-based bulk data exchange service, and PMS integrations for hotel suppliers (Oracle, Mews, Planet). A public status API at api.travelclearing.com provides operational transparency. The platform reports 15,000+ corporate accounts, 100,000+ automated bookings annually, and up to 40% reduction in customer admin time.

Travel Clearing generates revenue through a combination of SaaS platform subscription fees and transaction-based clearing fees on processed corporate travel payments. The company is privately held and operates as a subsidiary of the Nordtech Group conglomerate. It maintains offices in Halmstad (Sweden, headquarters), Oslo (Norway), Palojoki (Finland), and Copenhagen (Denmark), serving a Nordic-exclusive geographic market with stated revenue of 56 M SEK annually and approximately 39 employees. Go-to-market is enterprise field sales combined with TMC channel partnerships, with no publicly disclosed pricing.

Name

Travel Clearing

Legal name

Nordic Travel Clearing AB

Website

https://travelclearing.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

Travel Clearing is a Sweden-based B2B SaaS platform that automates payment clearing, invoicing, and reconciliation across the Nordic corporate travel ecosystem, connecting corporates, TMCs, and travel suppliers into one touchless booking-to-settlement workflow.

Ownership category

akta.pro rank

Product category

Corporate Travel Payment Automation

NAICS

All Other Travel Arrangement and Reservation Services (561599), Travel Arrangement and Reservation Services (5615)

SIC

Transportation Services (4700)

akta.pro primary industry

B2B Travel Credit, Invoice & Settlement Solutions (THALAHAD)

akta.pro secondary industry

Mid/Back Office & Accounting (ERP, Billing, Reconciliation, Reporting) (THALAGAA)

Keywords

• B2B payment automation
• Corporate travel payments
• Travel payment clearing
• Automated invoice reconciliation
• Travel expense management

Headquarters

HQ city

Halmstad

HQ country

Sweden

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. SaaS Platform Subscription: Software-as-a-Service (SaaS) platform providing electronic payment services for business travel. The company charges for access to its clearing and payment automation platform, with revenue derived from transaction processing and platform fees.
2. Payment Clearing Services: Revenue generated from processing corporate travel payments, facilitating settlements between corporates, travel agencies, and suppliers with automated reconciliation.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Travel Clearing operates a Software-as-a-Service (SaaS) B2B travel payment automation platform that connects corporates, Travel Management Companies (TMCs), and travel suppliers into one automated flow from booking through payment and reconciliation. The platform captures booking data from TMC systems, applies the optimal B2B payment method by supplier and location, validates and matches invoices against original bookings, and delivers clean reconciled financial data ready for system import. Supporting products include the Clearing.nu hotel supplier portal, WebService3 and WebService4 partner APIs, Travel Profile traveler management, and FTP Data Exchange for bulk financial data delivery.

Product overview

Travel Clearing is a Software-as-a-Service (SaaS) company established in 2002, offering a unified B2B travel payment automation platform. The core Travel Clearing Platform connects corporates, travel agencies, and suppliers through a seamless flow from booking to payment and reconciliation. Supporting products include Clearing.nu (hotel supplier portal), WebService3 and WebService4 (API services for partner integration), Travel Profile (traveler profile management), and FTP-based data exchange. The company serves over 15,000 corporate accounts with 100,000+ automated bookings annually, processing travel payments across the Nordic market and beyond.

Differentiator

Problem solved

Functional benefit

Products and services

• Travel Clearing Platform Core B2B SaaS travel payment automation platform that connects corporates, Travel Management Companies (TMCs), and travel suppliers into one automated flow covering booking capture, B2B payment selection, invoice validation, and reconciled financial data delivery for system import. Targets corporate finance teams, TMCs, and travel suppliers in the Nordic market.
• Clearing.nu Web-based portal for hotel suppliers to manage travel payment clearing operations, view corporate bookings, and process settlements with Travel Clearing, providing complete accounting data and fast settlement. Targets hotels and travel suppliers serving Nordic corporate travel accounts.
• WebService3 Backend web service API for processing travel bookings, payments, and data synchronization between Travel Clearing and partner systems, enabling programmatic partner integration with the Travel Clearing Platform. Targets TMC, corporate, and supplier integration partners.
• WebService4 Backend web service API for processing travel bookings, payments, and data synchronization between Travel Clearing and partner systems, enabling programmatic partner integration with the Travel Clearing Platform. Targets TMC, corporate, and supplier integration partners.
• Travel Profile Profile management system that lets corporate travelers maintain booking preferences and supports corporate travel policy compliance within the Travel Clearing ecosystem. Targets corporate travelers and corporate finance teams managing business travel.
• FTP Data Exchange Secure FTP-based bulk data exchange service for delivering clean, reconciled financial data from Travel Clearing to corporate clients and partners for automated system import. Targets corporate finance teams and integration partners needing batch financial data delivery.
• Travel Clearing Status API Public API at api.travelclearing.com providing system status monitoring, with GET endpoints for overall status (summary.json) and component-level status (components.json) in JSON format, plus webhook subscriptions for real-time status notifications. Targets corporate customers and partners relying on Travel Clearing availability.

Quantifiable outcome

• Up to 40% reduction in admin time
• +3 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature6 records

Partnerships

One partnership is on record.

• Travel Management Companies (TMCs)coreChannel Partner/ Reseller/ DistributorTMCs are the primary channel partners who integrate with Travel Clearing once and gain access to the automated payment platform for their entire corporate client base. The company positions itself as neutral and non-competitive with TMCs.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

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• LinkedInlinkedin.com/shareArticle?mini=true&url=https%3A%2F%2Frekrytering.travelclearing.com%2F&title=%C2%A0Nordic%20Travel%20Clearing

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Travel Clearing