Travel start-up Voya may be insolvent
VW Financial Services took over the Hamburg-based company in 2020, now Voya is on the brink of extinction
Just last year, VW Financial Services took over the start-up Voya, and now it is known: The Hamburg-based company is insolvent. In 2015, founders Florian Stege, Maximilian Lober and Pepijn Schoen set themselves the goal of making it easy to plan, book and bill business trips digitally. They wanted to reach medium-sized companies in particular.
How German Startups reports, the start-up has now filed for insolvency and will be managed by lawyer Gideon Böhm. The Hamburg-based company had already announced in the 2019 annual financial statements that it had made a change of shareholders due to the coronavirus pandemic - meaning the takeover by VW Financial Services. This was also accompanied by a financial injection. At the same time, Voya gave up its direct end customer business and concluded a license agreement with Lufthansa City Center Reisebüropartner GmbH, which distributed Voya's products.
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