Selfbook, a cutting-edge, all-inclusive hotel payment software platform that offers direct bookings and cutting-edge payment technology to hotels around the world, today announced an investment from Amex Ventures. Tiger Global previously led a $40 million Series A and A+ financing.
This news demonstrates Selfbook’s ongoing success in the hotel industry. Following this investment, Selfbook looks forward to working with American Express as it expands its reach in the travel sector.
Selfbook offers hotels to provide visitors with a smooth, one-step checkout experience directly on their websites, improving the user experience and expediting the payment process for hotels, thereby increasing conversion and revenue. Selfbook also consolidates numerous services, such as restaurant bookings, spa appointments, and activities, into a single payment flow in order to facilitate upsells.
Khalid Meniri, Co-Founder and CEO of Selfbook said, “The American Express brand is synonymous with global travel and payment security, and we are thrilled to have Amex Ventures be part of our investor base. As hotels around the world continue to use Selfbook to offer a guest-first booking experience and secure payments, the investment from American Express will help us deepen our global presence and provide even more effective payment tools for our partners.”
“We are constantly on the lookout for innovative technologies that enhance and elevate the travel and payments experience,” said Margaret Lim, Managing Director of Amex Ventures. “We believe Selfbook is driving hotel bookings and payments into the future with their elegant checkout experience, intuitive user interface, and robust support for modern payment methods preferred by guests through a unified platform that seamlessly integrates with existing hospitality software.”
Source – Selfbook.com