Spending power
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Brand profile · Financial Services
utu works in Financial Services, out of Singapore. Ownership is privately held; it publishes at utu.global. The record carries two addresses across two office countries. The record counts 424 people. Tagged marketing services, travel and business intelligence. The record links four similar brands, most of them in Real Estate.
utu is a travel technology company with a mission to transform the global travel experience for tourists. By introducing them to a world of rewards with higher VAT and GST tax refunds, they can get the most value out of their trips.
We're on a mission to ensure everyone gets more from overseas tax-free shopping.
By integrating tax refunds with the rest of the travel ecosystem, utu bridges the worlds of refunds and rewards. When shoppers use utu, they can upsize their VAT refund by converting it into Miles or a utu Privilege . Not only do we give shoppers their full refund, we top it up even further.
utu allows global shoppers to upsize their refunds from any refund operator across 50 countries taking part in the tax-free shopping scheme, including France, Italy, Germany, Singapore, South Korea and the UAE. Shoppers can simply download the utu Tax Free app to receive a virtual utu Tax Free Card. By directing their refunds to the virtual utu Tax-Free card, sums can be upsized by 5% in cash or up to 40% in Frequent Flyer Miles.
Our partners range from major airlines, retail stores and hotels.
Founded in 2016, utu is a technology company with a unique travel industry heritage, steeped in tax-free shopping knowledge. The company’s leadership was pivotal in growing and selling the two currently leading refund operators to their present owners, when that business model was still relevant.
utu is headquartered in Singapore and has offices in France, Italy, Thailand, Dubai and India.
For more information, visit https://www.utu.global.
| Countries | 2 |
|---|---|
| Primary country | SG |
All codes: SG IT
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Hiring, headcount and registry-change signals, streamed to members.
Registry-filed capital and financial indicators, standardised by TheGrid.
4 employee profiles on record · names withheld.
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The record holds 424 counted staff profiles at January 2026, above the self-reported 51–200 band.
Two addresses on record across 2 countries. Primary: 491B River Valley Road, Singapore 248373.
None linked to this brand.
13 tags on the brand's own list, among them marketing services, travel and business intelligence.
9 profiles list utu as a peer — 84th percentile in Financial Services. It lists ten peers of its own. Korvac Holdings and FCS Solutions list it back.