In a move set to transform how African travel businesses handle money across borders, Nairobi-based travel tech startup Triply has entered a strategic partnership with Verto, a global B2B payments and foreign exchange platform. The collaboration aims to streamline financial operations for thousands of travel enterprises across Africa — a sector valued at more than $300 billion.
As Kenya’s travel and tourism industry rebounds from the pandemic and continues its shift toward digital platforms, many small and medium-sized enterprises (SMEs) still face major financial barriers. Delayed international payments, the need to maintain multiple foreign bank accounts, and unpredictable exchange rates remain daily struggles that eat into profits and limit growth.
Triply hopes to change that. By integrating Verto’s Atlas API, an embedded cross-border payments solution, the company plans to give travel operators across the continent faster, more efficient, and cost-effective ways to manage global transactions.
“To truly build the definitive platform for African travel, we needed a payments solution built for the realities of doing business in Africa,” said Peter Wachira, CEO of Triply. “Verto’s expertise and robust technology have allowed us to move past payment complexities and focus on our core mission of empowering travel businesses.”
The integration will allow Triply users — including tour operators, booking agencies, and hospitality platforms — to open and manage global virtual accounts in over 25 currencies, process same-day settlements both locally and internationally, and access competitive exchange rates with tools to mitigate currency risks.
For many travel entrepreneurs in Kenya and across Africa, this development is more than a technical upgrade. It represents relief from years of navigating bureaucratic red tape, sluggish settlements, and high transaction costs that have long made cross-border operations cumbersome.
“Verto is committed to building the financial rails that allow ambitious companies to scale efficiently in a global economy,” said Tawanda Mudimbu, Vice President for Enterprise Sales and Partnerships at Verto. “Triply’s journey is a powerful example of how modern financial infrastructure can empower businesses to solve complex problems. We are excited to be their partner in building the future of travel and look forward to helping more businesses unlock their full growth potential.”