Revio logo — Combining payment infrastructure, data, and automated workfl...

Revio

Combining payment infrastructure, data, and automated workflows to power inclusive commerce in Africa

Founded 2020 South Africa South Africa 26 employees Seed Total: $21.30M Financial Services, Fintech

General Information

Company Name Revio
Founded Year 2020
Location South Africa South Africa +2
Employees 26
Industries Financial Services, Fintech
Funding Stage Seed
Social

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About Revio

Revio is an Africa-focused payment orchestration platform founded in 2020, with the slogan "Combining payment infrastructure, data, and automated workflows to power inclusive commerce in Africa". The platform aims to minimize the complexity, cost, and risk of payment operations, assisting merchants in reaching and retaining more customers. It offers a single PCI-compliant platform and API through which global and local merchants can access 70+ payment methods, configure routing and retry rules, and engage customers throughout the payment journey. Revio's features include multiple payment methods at best-in-market rates, smart payment routing, split settlements into multiple accounts, real-time insight into payment failures, no-code billing, automated dunning and recovery processes, proactive payment token expiry, and personalized messaging-based recovery. The platform is powered by rich analytics and payment behavior data, providing insight into failed payments to optimize conversion and collections. Currently, Revio serves some of Africa's largest brands in the insurance, telco, retail, and BPO sectors. The company recently received a $5.20M Seed Round investment on 26 September 2023 from investors including Speedinvest, Partech Partners, QED Investors, RaliCap, and Everywhere Ventures (The Fund). With its innovative approach and tailored services in the Fintech industry, Revio showcases promising growth potential in the African market.

Taxonomy: Payment orchestration platform, Africa-focused commerce, Payment infrastructure, Automated workflows, Inclusive payment methods, PCI-compliant platform, Merchants, Payment operations, Payment behaviour data, Insurance sector, Telco sector, Retail sector, BPO sector, Conversion optimization, Payment processing

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $5.20M 5 Everywhere Ventures (The Fund), Partech 26 Sep 2023
Seed Round $1.10M 5 Sequoia Capital, Everywhere Ventures (The Fund) 25 Nov 2022
Seed Round ZAR15.00M - 05 Aug 2021
Seed Round Unknown - 01 Jan 2020

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FAQ About Revio

Combining payment infrastructure, data, and automated workflows to power inclusive commerce in Africa
Revio was founded in 2020.
Revio is headquartered in South Africa.
Revio operates in the following industries: Financial Services, Fintech.
Revio has approximately 26 employees.
Revio has completed 4 funding rounds, raising a total of $21.30M. The latest funding stage is Seed.
Top alternatives and competitors to Revio include PayU, Easy Payment Gateway, Syncfy, Corefy, APEXX Global. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Revio and PayU are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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