South Africa Travel Startup TurnStay Raises $300,000 from Investors
- TurnStay has raised $300,000 in funding from Silicon Valley and New York-based investors DFS Lab and DCG.
- The funding will be used to expand the business into Africa and build on the significant traction already achieved.
- TurnStay reduces the cost of getting paid for African merchants and platforms in travel and tourism by using strategies used by the world’s biggest booking companies.
The funding received by TurnStay is a positive development for the company as it will enable them to expand their business into Africa and capitalize on the traction they have already gained. By reducing the cost of payments for African merchants and platforms in the travel and tourism industry, TurnStay is providing a valuable service and has already achieved significant success. The vote of confidence from US investors further validates their business model and positions them for further growth.
