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9 May, 2023

Cape partners with Mastercard to bring exclusive corporate travel benefits to customers

Expansion into corporate travel is on the horizon for Cape, the Sydney-based expense management platform issuing FX-fee free corporate cards, as they announce a new partnership with Mastercard Travel Pass provided by DragonPass to provide customers with access to corporate travel perks.

Combining Cape’s secure and streamlined way to manage company expenses with the program’s access to airport lounges and simplified travel processes is the first of many exciting steps for Cape in their travel journey.

This collaboration also marks yet another important milestone for the Aussie fintech after their recent one-click reconciliation product launch announcement with Xero as they continue to amplify their product offerings with more value-added services for business customers.

Through the integration of Mastercard Travel Pass with Cape’s platform, Cape’s corporate customers including their employees that are cardholders will now enjoy a seamless and secure travel experience. The partnership enables cardholders to access over 1,300 airport lounges worldwide, allowing users to relax or dine in comfort before and between flights.

These benefits are all complemented by Cape’s platform, allowing customers to track their travel expenses in real-time, helping to streamline expense management and control costs, no matter what corner of the globe they are in.

Ryan Edwards-Pritchard, CEO and founder of Cape, said:

“We’re dedicated to bringing the promise we make to our customers of complete expense nirvana to reality, whether that’s managing finances efficiently and effectively or traveling for work comfortably and conveniently.
“Partnering with Mastercard Travel Pass is a testament to this commitment, and we are excited to offer this new service to them as we enter the Corporate Travel sector.”

The implementation of Mastercard Travel Pass further strengthens Cape’s position as a leader in the expense management and corporate cards sector. Since their successful pre-seed raise in March 2022, their trajectory forward shows no sign of slowing down.

Dan Martin, VP, head of digital partnerships at Mastercard commented that they are “thrilled to partner with Cape to offer their customers the benefits of Mastercard Travel Pass. The program is designed to make travel easier, more secure, and more rewarding, and we are certain that Cape’s customers will find advantage in the added convenience and value that our platform provides.”

The integration of Mastercard Travel Pass with Cape’s platform is an exciting development for Cape’s customers, who can now access a range of exclusive benefits, products and services through their integrated expense management platform. With this new partnership, Cape is poised to continue its growth trajectory in 2023 and cement its position as a leader in the Australian fintech space.

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Email the Travel Weekly team at traveldesk@travelweekly.com.au

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