Triply: Operating system for travel businesses in Africa with embedded finance

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Summary

However, they are unable to collect payments, continue to operate manually, lack access to financial services, and booking systems are 60% less efficient due to weak payment infrastructures. Triply assists these businesses in collecting payments, automating their operations, and then uses this data to provide them with financial services. We also assist them in increasing their revenue by selling their services on our marketplace, which is designed to match the needs of the local travel market.Peter - 2x founder, ran one of the leading vacation rental management companies in East Africa.Collins - Led teams and built products in leading Fintech and insuretech startups in Africa.Africa is a $300 billion dollar travel market and one of the fastest-growing travel markets globally.Today 66% of travel spend on the continent comes from domestic travelers.Our Position; Triply not only helps businesses automate their operations & collect payments, we also help them get bookings through our marketplace, allowing us to uniquely tap into the $198 billion dollar domestic market. Our ability to generate revenue for the businesses we serve has also seen our product become more sticky. Unified inbox (all your messages under one platform) If you know anyone within your network who has built travel tech businesses before, please introduce us through founders@triply.co.

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Amount $500.0K Total raised
Date April 3, 2024 Announcement date
Investors - Lead investors
Company https://business.triply.co/ Funded company

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