Naspers backed travel portal Travel Boutique Online has entered into a strategic partnership with Fxkart.com, a marketplace of foreign exchange dealers. The company said the move will enable its 19,000 travel agents to make foreign exchange bookings for their customers seamlessly.

Travel Boutique Online (TBO) said the partnership will enable its travel agents to access and discover the best forex rates instantly from a network of over 250 RBI authorised money changers at over 1300 locations in India.

Ankush Nijhawan, Co-Founder, TBO Group said: “Fxkart.com is one of the most promising startups in the fin-tech sector. With foreign exchange being one of the biggest pain points for the travel agent, this would be a shot in the arm to seamlessly book forex on the portal and service the customer at the lowest rates.”

Abdul Hadi Shaikh, CEO Fxkart.com said: “We are happy to be on the platform as it gives us an instant reach to service travel agents who trust TBO across India with the help of technology.”

Fxkart.com is an online fin-tech startup for buying and selling foreign currency. It deals in currency, travel cards and International money transfers.

Source: The Economic Times