Peter Kutis
Founder & CEO at Finalprice Travel Ltd
Based in Portugal
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Seniority
C-Team
Department
General Business & Management
Location
Portugal
Industry
Technology; Information and Internet
Company size
9
Contact information
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p•••••••@hotels.finalprice.com
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Background
About Peter Kutis
I’m a serial tech entrepreneur and product visionary with over 20 years of experience building and scaling innovative platforms across the CIS, Europe, and the US. My work consistently focuses on challenging legacy systems, simplifying user experiences, and creating efficient, scalable business models that reshape industries. Avantix (2004) – Played a pivotal role in launching the first online and largest offline travel agency in the CIS. Introduced end-to-end automation of travel booking and operations — a first in the region — dramatically increasing efficiency and enabling rapid scaling. AnyWayAnyDay (2007) – Co-founded and led the first fully online OTA in the CIS. Created a groundbreaking user interface and introduced the region’s first e-ticket in 2008. Achieved market leadership by 2010. Emphasized design simplicity, trust-building, and seamless experience as key drivers of adoption. OneTwoTrip (2011) – Founded a next-gen OTA built around dynamic price arbitrage across countries and reservation systems. Introduced real-time fare optimization and personalized recommendations, saving users millions and hitting profitability in just six months. Scaled rapidly to become the CIS market leader. FinalPrice (2016) – Pioneered a subscription-based travel model in the US, transforming traditional commission structures into cashback for users. Later shifted to a B2BC (business-to-business-to-consumer) strategy, removing dependency on ad budgets and passing on greater savings to end customers. Formed strategic partnerships to support scale and distribution. FIZ (2024) – Founder of fiz.co, a unified finance admin platform for entrepreneurs and micro-businesses in Portugal. FIZ combines certified invoicing, VAT management, and simplified accounting into a single, user-friendly app. Built on the belief that finance and tax compliance should be effortless, FIZ rethinks back-office tools from a founder’s perspective — smart defaults, zero learning curve, and radical transparency.
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