Katanox’s platform offers a range of benefits, including commission reconciliation and the ability to receive net payouts. Credit: patpitchaya/Shutterstock.com.

Travel accommodation distribution and fintech platform Katanox has entered a deal with travel management company Lanes & Planes.  

This collaboration will leverage Katanox’s streaming distribution capabilities, enabling Lanes & Planes to directly connect with key accommodation providers. 

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It is also expected to enable the travel management company (TMC) to boost revenue by forging connections with new partners and strengthening existing relationships.  

Katanox’s platform offers a range of benefits, including commission reconciliation and the ability to receive net payouts. 

The benefits are expected to enhance the TMC’s operational efficiency, saving both time and money. 

Lanes & Planes CEO and co-founder Veit Blumschein said: “Katanox provides an efficient and effective way to reach and work with accommodation providers on terms that are favourable for everyone.” 

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Founded in 2017, Lanes & Planes is a digital travel and expense management solution serving more than a thousand companies. 

The partnership comes just after Lanes & Planes secured a $35m Series-A funding round.  

This funding was led by Smash Capital, Battery Ventures, and Coparion. 

Katanox CCO and co-founder Paul Beukers said: “Lanes & Planes is an ideal buyer for the Katanox platform in terms of what they want to achieve and given our shared vision to transform hospitality. 

“As a leader in the German business travel market, the TMC provides our accommodation provider partners with a lucrative distribution channel for the largest economy in Europe.”