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Utu

Founded by : Asad Jumabhoy, 1 January 2016

Singapore
Financial Services
50 to 250 employees
https://www.utu.global

About the Company

utu is a travel technology company with a mission to transform the global travel experience for tourists. By introducing them to a world of rewards with higher VAT and GST tax refunds, they can get the most value out of their trips. We're on a mission to ensure everyone gets more from overseas tax-free shopping. By integrating tax refunds with the rest of the travel ecosystem, utu bridges the worlds of refunds and rewards. When shoppers use utu, they can upsize their VAT refund by converting it into Miles or a utu Privilege . Not only do we give shoppers their full refund, we top it up even further. utu allows global shoppers to upsize their refunds from any refund operator across 50 countries taking part in the tax-free shopping scheme, including France, Italy, Germany, Singapore, South Korea and the UAE. Shoppers can simply download the utu Tax Free app to receive a virtual utu Tax Free Card. By directing their refunds to the virtual utu Tax-Free card, sums can be upsized by 5% in cash or up to 40% in Frequent Flyer Miles. Our partners range from major airlines, retail stores and hotels. Founded in 2016, utu is a technology company with a unique travel industry heritage, steeped in tax-free shopping knowledge. The company’s leadership was pivotal in growing and selling the two currently leading refund operators to their present owners, when that business model was still relevant. utu is headquartered in Singapore and has offices in France, Italy, Thailand, Dubai and India. For more information, visit https://www.utu.global.

Industry Type

According to the GICS (Global Industry Classification Standard) version of March 2023, Utu’s industry classification falls within the following categories:
  • Sector: Financials
  • Industry group: Financial Services
  • Industry: Financial Services
  • Sub-Industry: Diversified Financial Services
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Company Address

491B River Valley Road, Singapore, Singapore 248373, SG

Source : Google maps

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