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Related Posts Secures $500,000 Funding from Y Combinator to Expand Across Africa, a local travel technology start-up, has received a significant boost with a $500,000 (Sh65.8 million) funding injection from start-up accelerator Y Combinator.

“This funding marks a milestone as becomes the first travel technology investment in Africa for the accelerator, elevating it to the league of Nigerian fintech giants Flutterwave and Paystack, both of which have secured financing from Y Combinator,” Business Daily reported.

Previous beneficiaries of funding from the accelerator include well-known global brands such as Airbnb, Dropbox, and Reddit.

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Founded in 2021 by Peter Wachira and Collins Muthinja, the firm specializes in assisting travel businesses with payment collection, operational automation, and marketplace advertising to address the local travel market’s needs gap.

“Its innovative model caters to various travel stakeholders, including tour operators, transport providers, accommodation facilities, and experience providers, facilitating streamlined operations for businesses and online booking convenience for travelers.”

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Mr Wachira, the chief operating officer, emphasized the significance of this investment, positioning as the preferred solution for both businesses and travelers while enabling the development of tailored solutions for the Kenyan and African markets.

“This investment not only cements our position as the go-to solution for businesses and travellers but it also allows us to build solutions that Kenyan and African markets really need.”

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Diana Mutheu
Diana Mutheu
Diana Mutheu is a Tech enthusiast, happy to delve deeper into the African tech space covering Social Media, AI, Startups, Telcos, Cryptocurrency, Big Data, Women in Tech and all matters Tech.

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