DreamFolks crisis deepens as banks cut the lounge middleman deal

Banks and airports are swapping DreamFolks for direct access

DreamFolks is facing a sharper squeeze as airport and lounge operators build direct relationships with banks, moving away from the intermediary model that handled nearly 90% of lounge business last year. ICICI and Axis were early movers, and more major banks are expected to follow—potentially further shrinking DreamFolks revenue and influence.