Triply has announced a strategic partnership with Verto to streamline financial operations for travel businesses across Africa.
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The collaboration aims to solve one of the continent’s biggest pain points, cross-border payments, for thousands of travel SMEs that form the backbone of a sector valued at over $300 billion.
While Africa’s travel and tourism industry continues to rebound post-pandemic, financial friction remains a major barrier for small and medium-sized enterprises. Many travel operators still face delays in receiving international payments, unpredictable exchange rates, and the complexity of maintaining multiple foreign accounts.
By integrating Verto’s Atlas API, an embedded cross-border payment solution, Triply will offer faster, more reliable, and cost-effective financial transactions for its users across the continent.
“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.”
Through the integration, Triply users, including tour operators, booking agencies, and hospitality platforms, will gain access to:
- Global virtual accounts in over 25 currencies, including USD, GBP, and EUR.
- Same-day international and local settlements for faster cash flow.
- Competitive FX rates and tools to manage currency exposure.
These features are expected to give African travel entrepreneurs a much-needed financial edge, allowing them to transact seamlessly with clients and suppliers around the world.
According to Tawanda Mudimbu, Vice President for Enterprise Sales and Partnerships at Verto, the partnership is about enabling Africa’s businesses to scale globally.
“Verto is committed to building the financial rails that allow ambitious companies to grow efficiently in a global economy,” Mudimbu said. “Triply’s journey is a powerful example of how modern financial infrastructure can empower businesses to solve complex problems.”
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Also Read: Verto Opens Nairobi Hub to Strengthen Cross-Border Payments in East Africa
