Startup Fikäfi Aims to Make Payments More Efficient for Hotels

Singapore-based Fikäfi helps hotels automate payments, claiming to recover up to 70% of lost direct bookings. Live in 10+ countries, soon embedded in 6,000+ hotels via partnerships. Its technology includes automatic OTA virtual card charging and real-time payment failure alerts. A 15-property Saudi group saw a 58% lift in direct revenue in two weeks.