Revio

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

General Information
Company Name
Revio
Founded Year
2020
Location (Offices)
South Africa +2
Founders / Decision Makers
Number of Employees
26
Industries
Financial Services, Fintech
Funding Stage
Seed
Social Media

Revio - Company Profile

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 of Revio (4)

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Funding Stage Amount No. Investors 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

Latest News of Revio

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No recent news or press coverage available for Revio.

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