ByteTravel Success Story on BME | BME Bolsas y Mercados Españoles

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Millions of people travel around the world for leisure or business, and many of them face a key requirement: obtaining a visa. Recognising this opportunity led to the creation of ByteTravel, a traveltech company focused on digitising ancillary services for international travellers

+74% income vs. 2024

€19.4 million in revenue in 2025

+ 5.2 million

registered partners

+3.2 million

registered users

0% bank debt

as of 31 December 2025

About ByteTravel

Through its platform Visagov, the Barcelona-based company, founded in 2021, processes visas for more than 70 countries. By leveraging technology and artificial intelligence, it has transformed a process that was previously far from digitalised.

While this was its starting point, ByteTravel has since expanded its business to offer a full ecosystem of services designed to improve the travel experience, including eSIM cards (Roamic), insurance (Globely) and VIP lounge booking services (PrioVip).

“These ancillary travel services are not currently well covered by travel agencies or tour operators. We decided to focus on this niche, as these are often essential services,” says Axel Serena, CEO of ByteTravel. The company began trading in July 2024 on BME Scaleup as the first technology company to do so, and is now making the move to BME Growth.

ByteTravel reported €19.4 million in net sales in 2025, representing 74% growth compared to 2024. At the same time, average monthly revenue increased from €0.93 million in 2024 to €1.62 million in 2025, reflecting a significant improvement in commercial capacity. As of the end of 2025, the company had double liquidity coverage and 0% bank debt.

This expansion has continued into early 2026, marking a new phase of growth based on a broader and more consolidated business model. In the first quarter, revenue reached €7.31 million, compared to €4.88 million in the same period in 2025, representing 49.9% year-on-year growth.

A Key Moment

The company is supported by its own technology platform, which enables it to scale volumes while maintaining a cost-efficient structure, and by a highly diversified customer base with a strong presence in the United States (18% of sales), the United Kingdom (17%) and Germany (12%).

The Barcelona-based company, which became the first newly created tech scaleup to join BME Scaleup with a market capitalisation of €37.8 million, is now making the move to BME Growth following a strong performance during its time in this market. Since its debut in 2024, it has delivered a very positive trajectory, with a share price increase of 242.86% and a market capitalisation of €129.53 million.

This transition, which represents the second case of a company moving from BME Scaleup to BME Growth, reflects a natural step in its development and reinforces its commitment to greater liquidity, visibility and transparency.

We are joining BME Growth at a key moment: we have evolved from a single-service business into a digital platform for travellers. Our ambition is to build a leading global platform from Europe, and listing in this segment provides us with the visibility, investor base and institutional support to achieve this

Axel Serena Bytetravel CEO

Looking Ahead

ByteTravel plans to launch new ancillary services, such as claims for flight delays and cancellations. In addition to Barcelona, the company has offices in Madrid and Miami, employs more than 80 people, and plans to open new offices in London and Hong Kong.

About Axel Serena

Axel Serena Lobo (Chief Executive Officer and Chairman of the Board, representing Begreat Capital, S.L.U.): with over 30 years of experience in the internet and telecommunications sector, having begun his career in 1989. He was one of the founders of Intercom, one of the first internet providers in Spain (Softonic, Infojobs, and others), Andornet, the first internet provider in Andorra (the first Andorran ISP), and Ad Pepper Media (a pan-European online advertising network listed on the Frankfurt Stock Exchange). In 2000, he was hired as Marketing and Sales Director of Ya.com. After Ya.com was acquired by T-Online, he was offered the position of Commercial Director at Eresmas Wanadoo España. He went on to found several software companies. In recent years, he has launched three private equity funds, through which he has successfully invested in dozens of startups. He is also a mentor at Founders Institute and speaks on digital entrepreneurship at various Spanish universities.

From BME Scaleup to BME Growth: The Growth of ByteTravel

Find out how ByteTravel has used the capital markets to accelerate its growth, raise its profile amongst investors and strengthen its expansion strategy. A success story that demonstrates how the BME ecosystem supports companies at different stages of their development.

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