Dragonpass

Dragonpass Buys iCoupon to Build Loyalty-as-a-Service Platform

Image
Dragonpass Buys iCoupon to Build Loyalty-as-a-Service Platform

LONDON – November 06, 2026 -- Dragonpass, the travel and lifestyle benefits platform with more than 45 million members, has acquired iCoupon, a digital vouchering business whose network spans 200 airlines, over 400 airports and more than 4,000 retail units across 56 countries. The deal is meant to accelerate Dragonpass' build-out of a global loyalty-as-a-service platform. The source does not disclose financial terms.

iCoupon brings a network already issuing £100 million in vouchers a year

iCoupon issued over £100 million in digital vouchers in 2025, including 12 million food and beverage entitlements. It has expanded into 13 technology modules covering passenger care, retail and other travel services. Its network supports more than one billion passengers.