Faye is a travel insurance startup that provides travellers with comprehensive coverage, 24/7 assistance, real-time trip monitoring, and fast fintech solutions via its app. Founded by Elad Schaffer and Daniel Green, the company aims to redefine travel insurance by providing whole-trip protection, financial solutions, 24/7 care, and real-time insights.
Since launching its app in 2022, Faye has expanded its platform to include features such as telemedicine access, vaccine and health mandate information, and quick claim resolutions. The company also provides a digital wallet for immediate claim payments and aims to be a complete platform for travellers.
Faye grew 10X in annual revenue from March 2023 to March 2024. The company expected to grow its revenue fivefold in 2024.
$10M • 2023 • Series A
Faye is award-winning travel insurance that provides whole-trip travel coverage.
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