Fintech

Heymax.ai raises $2.6M to help you earn a free vacation with your card spending

July 2, 2024

Want a free vacation? Spend with Heymax.ai. They’re a Singapore-founded startup that allows you to earn Max Miles from over 500 businesses! Their goal? For you to earn one free vacation a year.

Founded in 2023, they’ve just raised $2.6M in a seed round.

  • They have over 50,000 customers, who have earned over 50M Max Miles and redeemed over 10,000 flights since September 2023.

Investor check. January Capital led the round. Tenity, Ascend Angels, XA Network, StashAway’s Angel Investing program, and other strategic investors also joined in.

  • Several angel investors, mainly founders, execs, and VCs from Southeast Asia also joined the round, including Shiyan Koh and JJ Chai.

✈️ I’m leaving on a (jet) plane

Tired of signing up for multiple rewards programs across multiple airlines, brands, and more? Same here.

That’s why HeyMax was built! They have over 500 brands and vouchers on their shopping portal. You can earn rewards from all these brands through one single currency—Max Miles.

  • Brands include Amazon.sg, Apple, Grab, NTUC Fairprice, Shopee and more.

💳 How it works

Just link your existing credit cards to the Heymax.ai platform and receive instant recommendations for the credit card that offers the most rewards for any given purchase.

  • You’ll get your Max Miles with every relevant purchase.
  • They’ve partnered with Visa to launch Card Maximiser. This helps consumers seamlessly track their spending across all Visa-branded cards, providing comprehensive and real-time insights into their card transactions and rewards accrual.

Then, you can redeem your Max Miles on any flights from any airline at the best-in-class rate, or transfer them for miles and points at a 1:1 ratio at 25+ airline and hotel rewards programs.

  • There are no fees and no expiration dates!

🧳 What’s next?

They’ve already launched in Singapore and Australia. Now, they’ll be growing their presence in new markets across APAC.

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