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.
Impact and considerations
Hotel payment efficiency directly impacts business travelers' booking experience and hotel revenue; Fikäfi's solution may reduce payment friction and boost direct conversions.
Key points
- Fikäfi claims hotels lose 70% of direct bookers at payment.
- Live in 10+ countries, soon embedded in 6,000+ hotels.
- 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.
Sources and time
- Primary source
- PhocusWire / Phocuswright
- Other sources
- 0
- First source publication
- 17 Aug 2026, 15:00
- Page published
- 19 Aug 2026, 18:05
- Last updated
- 17 Aug 2026, 15:00
- Original links
- PhocusWire All News：Startup Stage: Fikäfi wants to make payments more efficient for hotels (opens in a new tab)Primary source · en · Published 17 Aug 2026, 15:00