Flymble

Book a flight for 1/10 of the cost upfront.

#4 Product of the WeekJune 19, 2017
+1

Flymble is a next generation travel financing platform. Book flights for just a fraction upfront and spread the rest over time.

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Discussion

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Vincent Hus
Maker
@vincent_hus · Co.founder @ Flymble
Hi All! I´m Vincent and together with my co-founder @Henry_wynaendts we are happy to show where we have been working on the past 11 months.  With flymble, you can easily spread the cost of your flight tickets over monthly terms. Fly to Bangkok for instance, for only £47 per month! We started the company last year in may when we were planning our trip to Thailand. Online we found a flight ticket for £500, and it took us 3 months to save up for our trip. In addition we had to pay £200 extra...because our flight ticket increased in price. Flymble solves that problem by letting you pay monthly for your trips - and lock-in air fares months in advance when prices are cheaper. How it works: during the checkout a credit check is performed by the credit provider. Once green light is given, we purchase the ticket from the airlines and send it to the customer. Next the customer pays his monthly ticket price to the credit provider. Currently you can only book flight tickets if you live in the UK, but we´re adding Germany, Netherlands, Sweden, Denmark, Norway and United States within the next 4 months. If you have some feedback on the concept, new ideas or design recommendations, please let us now! I´m happy to answer all questions you may have!
Tudor Baidoc@baidoct · A Web & UI Designer
@vincent_hus Love your idea. What about cheaper flight tickets? (under 500 USD). Will you still be able to buy it? Or there's a minimum cost of the ticket?
Vincent Hus
Maker
@vincent_hus · Co.founder @ Flymble
@baidoct Hi Tudor! Thanks man! Yes you can purchase flight tickets cheaper than that, but there is indeed a minimum cost of £250 per ticket (in the UK). It actually depends on the financial party that issues the credit which differs per country. In the Scandinavian countries and Germany there will be no minimum :) US It will be $100 I believe.
Tudor Baidoc@baidoct · A Web & UI Designer
@vincent_hus That's great. Can't wait to try your service once you release it to Germany.
Vincent Hus
Maker
@vincent_hus · Co.founder @ Flymble
@baidoct Good to hear!!
Filippo Mursia@mrdobelina · Digital PM @ Gabriela Hearst
@vincent_hus @henry we need this in Italy!
Jaxson Khan@jaxson · Marketing @ Nudge.ai
@vincent_hus @henry_wynaendts Canada too please!
@vincent_hus @henry_wynaendts Great idea, great design 👏 Only thing is: Maybe you could omit the tickets cheaper than £250 in your search results.
Vincent Hus
Maker
@vincent_hus · Co.founder @ Flymble
@smddzcy @henry_wynaendts Hi Samed - yes you are right. We're on it! Will give you a nudge when it is implemented!
Tasos Maroudas@jeevium · Web & mobile software engineer
@vincent_hus @henry_wynaendts Greece as well please :)
John SchenkHiring@johnschenk · Founder at Taffy
@vincent_hus @henry_wynaendts This is an amazing idea. Wondering how you guys can carry the float.
Vincent Hus
Maker
@vincent_hus · Co.founder @ Flymble
@johnschenk @henry_wynaendts Happy to hear you like it. As for the financial part, we create partnerships with financial institutions. Remaining financial gaps we cover with invoice financing solutions or factoring companies.
Creatrix Tiara@creatrixtiara · Producer, writer, activist, organiser
Have you seen Airfordable? https://www.airfordable.com/ They're like you, but US based and not reliant on credit checks.
Vincent Hus
Maker
@vincent_hus · Co.founder @ Flymble
@creatrixtiara Hi Creatrix! Thanks for mentioning - yes I've read a lot about them, great company! I saw they were also on Product Hunt and will contact them to ask them for advice. From what I've seen it's impressive what they have accomplished so far. The difference between Airfordable and Flymble is that with Flymble you'll receive your ticket right away. Yes we are reliant on credit checks but for customers that do not pass the credit check, we also offer a ''pay before you fly'' installment plan where there is no credit check either.
Trishul Patel@tjpatel · Director of Product- Big Data and ML
Love the idea. Do you charge interest? I believe the US airlines have partnered with a company. I can't remember the name.
Vincent Hus
Maker
@vincent_hus · Co.founder @ Flymble
@tjpatel Hi Trishul! Thanks for the support! Yes we charge around 1.5% per month. That is correct: spread payment provider Affirm has started a pilot program with Expedia in the US.
Leo Baecker@leo_bqecker · Hyperpixel.io and other stuff
What about France 👋
Vincent Hus
Maker
@vincent_hus · Co.founder @ Flymble
@leo_bqecker Hi Leo! Yes France is on our top priority list. P.S. I'm not supposed to tell you (since they are our competitor) but Misterfly.com is available in France. They offer up to 4 months spread payments and have received a lot of traction lately. Luckily we love competition - flymble offers up to 10 months spread payments vs. 4 Misterfly ;) As for time span: ''soon'' - we are in talks with a financial institution to make it happen.
Vincent Hus
Maker
@vincent_hus · Co.founder @ Flymble
@leo_bqecker Do you have any thoughts / feedback on the UX / UI of the website?
Alexander@alexandercitt · Citt.me
Awesome, just what I needed! Keep up the good work 🙌🏻
Vincent Hus
Maker
@vincent_hus · Co.founder @ Flymble
@alexandercitt Thanks a lot alex!@