Company / App Name: Par
What does it do?
Par is a mobile app that lets users buy airline reward miles from other users to book flights. The app brings together people with excess or expiring miles and people who are looking for a cheaper option to book their next flight.
Why do we need it?
~70% of reward miles go unused with 40M miles expiring annually & the avg. domestic ticket price for flights has increased to ~$400. Par connects people with excess or expiring airline miles to travelers looking for another booking option.
Who is it for?
Sellers: Frequent Flyers with excess or expiring miles
Buyers: Bargain travelers who use apps like hopper, hitlist and sites like priceline before booking
What makes it stand out from the crowd?
Par is the first peer to peer marketplace for airline miles. The users determine a mutually beneficial value.
Link to Company / App Demo video
When and how are you opening up your beta to new users?
We’re currently in public beta and accepting beta users.
When do you plan on launching?