youtip Digital Tipping Platform Named ‘Most Innovative Startup of the Year’

Hollywood, Fla. – Digital tipping platform youtip was named “Most Innovative Startup of the Year” yesterday during the 27th Annual Phocuswright Conference. youtip Co-Founder and CEO Doug Miles presented the solution to a panel of judges during the event’s Innovation: Summit Awards program. Vying against seven other companies, youtip emerged as the leading “innovation poised for major breakout in the next year and beyond.”

“It’s an honor to be recognized as the most innovative startup disrupting the travel and hospitality landscape,” Miles said. “youtip Co-Founders Sarah Taveprungsenukul, Nicholas Okuley, and I are proud that our digital tipping platform is having such a positive impact on businesses and filling the void in the discretionary tipping cycle. We designed youtip to solve two problems: 1) Fewer people are carrying cash, and 2) Increased demand for contactless services. This solution is a highly flexible and frictionless way for businesses to put more money in tipped workers’ paychecks by adopting youtip as the digital alternative to cash tipping.”

“There was a lot of competition this year,” he said. “It was a real pleasure to go head-to-head with technology innovators Travelkicks, Local Purse, reTravel, Wheel the World, MyStay, NoiseAware, and RoomPriceGenie who were vying for this coveted title. As we collectively work towards bringing travel back to its pre-pandemic glory, youtip will continue to enhance its platform to make it the most convenient and user-friendly way for travelers to reward workers for jobs well done.”

Senior executives judging the Innovation: Summit Awards included: Ellen Keszler, CEO, Clear Sky Associates; Eric Hart, CFO, Expedia Group; Jessica Patel, SVP, Expedia Group; Dee Waddell, Global Managing Director, Travel & Transportation Industries, IBM; Chris Hemmeter, Managing Directory, Thayer Ventures; and Cara Whitehill, Founder, Unlock Advisors.

For more information on youtip, visit www.youtip.money.

About youtip

youtip creates digital solutions for the evolving cashless tipping economy. The company was founded in 2020 to serve as an end-to-end solution for the acceptance, calculation, and disbursement of discretionary tips. With the increasing demand for contract-free payment interactions, youtip provides a secure, cashless, and contactless digital tipping service that is configurable and scalable for all business types. For more information, visit www.youtip.money.