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BuuPass, FlexPay Partner to Simplify Travel Financing in Kenya

Daba Finance/BuuPass, FlexPay Partner to Simplify Travel Financing in Kenya
BREAKING NEWSDecember 21, 2024 at 11:09 PM UTC

TLDR

  • Kenyan startups BuuPass, a digital ticketing platform, and FlexPay, a goal-based savings platform, have joined forces
  • BuuPass, founded in 2016, enables users to search, book, and manage travel tickets online or via USSD
  • The partnership offers travelers a flexible, interest-free installment plan, allowing them to book tickets with a small deposit

Kenyan startups BuuPass, a digital ticketing platform, and FlexPay, a goal-based savings platform, have joined forces to make travel planning more affordable for Kenyans, especially during the holiday season.

BuuPass, founded in 2016, enables users to search, book, and manage travel tickets online or via USSD. The platform has sold over 16 million tickets, generating over $100 million in total transaction value. FlexPay, an interest-free payment gateway, allows customers to save and pay for high-value goods or services over time.

The partnership offers travelers a flexible, interest-free installment plan, allowing them to book tickets with a small deposit and pay the balance over 4-12 weeks. This helps families and groups secure tickets early and avoid last-minute price surges.

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Key Takeaways

The collaboration between BuuPass and FlexPay highlights a growing trend of leveraging fintech solutions to address everyday financial challenges. By integrating digital ticketing with goal-based savings, the partnership provides a practical solution for Kenyan travelers to budget for trips without financial strain. The initiative aligns with both companies’ missions to enhance accessibility and affordability, positioning them as key players in Kenya’s growing digital economy. This approach not only eases financial burdens but also strengthens the ecosystem of tech-driven consumer solutions in Africa.

Startups
Kenya
BuuPass
FlexPay
Fintech
Mobility

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