Flywize

My Saas For Canceled Flights Makes $7.5K/Month

December 19th, 2024

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Olga Marekova

Founder, Flywize

$7.5K

revenue/mo

Flywize

flywize.eu

from

started

$7,500

revenue/mo

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Hello! Who are you and what business did you start?

Hello, my name is Olga, and I am a first-time entrepreneur from Slovakia. It’s fair to say that I never wanted to build or run a business; I just wanted the service I was thinking about to exist. Once my research proved it didn’t, I started helping people myself. I began by helping my friends when their flights were delayed or cancelled. Later on, I gave it a name, Flywize.

This is because, in the case of a flight delay or cancellation, you can get up to €600 (regardless of how much you paid for your flight ticket). This regulation is based on EU law; however, similar laws are applicable in other countries too. Unfortunately, 85% of passengers don’t know what to do or whom to contact for compensation when flight disruptions happen. As a result, they don’t apply and collectively lose €8 billion every year. I found this deeply unfair, so I started a company called Flywize.

The company is called Flywize, and our primary customers are people who do not speak English or do not have the time to deal with the issue themselves.

Today, we secure between €20,000 and €30,000 per month in compensation for aviation passengers affected by delays and...

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Hello! Who are you and what business did you start?

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