Y Combinator, the US-based startup accelerator, has invested $500,000 into Triply, an African travel startup based in Kenya.
Details
Triply is a platform designed to support travel businesses in Africa by providing tools for payment collection, operation automation, and financial services access.
The company was founded by Peter Wachira, a two-time founder with experience in vacation rental management, and Collins, with a background in Fintech and insuretech startups.
Digging Deeper
The company offers a suite of business tools including accounting, payroll, a unified inbox, payment processing, a multi-currency wallet, analytics, and a channel management system.
By The Numbers
According to the company, Africa’s travel market is valued at $300 billion, with a significant portion coming from domestic travelers.
66% of travel spend on the continent comes from domestic travelers.
What They’re Saying
“We’re excited to work with Y-combinator” said…