QED and Partech back South African payment orchestration platform Revio in $5.2M seed
- Revio, a South African startup, has raised $5.2 million in seed funding to strengthen its efforts in tackling payment failures in Africa.
- The company offers payment orchestration solutions to streamline order-to-cash lifecycles and handle issues brought on by employing various payment options.
- Revio plans to target global retailers servicing the African market in its next development phase.
Revio's focus on addressing the fragmented payment landscape in Africa is a crucial step towards improving the efficiency of digital payments in the region. With the projected growth of digital payments in Africa, Revio's payment orchestration solutions can help businesses streamline their payment processes and reduce payment failures. The recent seed funding will enable Revio to further develop its technological capabilities and expand its reach to global retailers.
