NAIROBI,Kenya May 26 -Travel technology company Triply has partnered with Choice Microfinance Bank in a move aimed at expanding access to banking services and financial infrastructure for travel businesses in Kenya and other emerging markets.
The partnership seeks to address long-standing financing and banking gaps facing travel agencies and operators, a sector that processes high-value transactions but has traditionally struggled to secure tailored financial services from mainstream lenders.
Through the collaboration, travel businesses using Triply’s platform will gain access to banking products designed to support customer collections, supplier payments, transaction visibility, reconciliation, and sector-specific financial solutions.
The firms said the initiative will strengthen financial operations for travel companies that routinely handle complex payment flows, including installment collections, foreign exchange transactions, international payments, and supplier settlements.
“Travel businesses have been overlooked for too long by traditional financial institutions, despite managing complex, high-value, and time-sensitive financial flows every day,” said Peter Wachira, Co-founder and Chief Executive Officer of Triply.
“Our partnership with Choice Microfinance Bank strengthens our commitment to giving these businesses the infrastructure, banking access, and financial tools they need to operate with confidence, serve customers professionally, and compete globally,” he added.
The partnership underscores a growing trend of sector-focused financial solutions targeting industries underserved by conventional banking systems.
Triply said the agreement will bolster its position as a technology and financial infrastructure provider for travel businesses, while creating an ecosystem where travel agencies can access relevant banking products and manage payments more efficiently.
For travel businesses, the deal is expected to improve access to financial services that have historically been difficult to obtain through traditional banking channels. Customers are also expected to benefit from greater transparency and more streamlined payment experiences when booking travel services.
The announcement aligns with Triply’s broader strategy of equipping travel businesses with digital tools to manage operations, sales, payments, and expansion across multiple markets.
Triply operates as a travel technology and financial infrastructure platform serving businesses in emerging markets. Its system enables travel firms to manage enquiries, bookings, quotations, customer collections, installment payments, supplier payouts, foreign exchange transactions, reconciliation, and business performance through a single platform.
