South Africa’s Revio, a payment orchestration platform that helps merchants optimise their order to cash lifecycle, is making waves in addressing payment failures across Africa, and is planning major expansion after banking US$5.2 million seed funding. Revio is a Africa-focused payment orchestration platform that minimizes the complexity, cost, and risk of payment operations, to help merchants reach and retain more customers. “Through a single API, Revio brings transparency to merchants’ payment stacks and optimises revenue operations with data-driven recovery workflows. This unique platform positioning enables Revio to collaborate rather than compete with payment gateways, and provide access to previously untapped customer segments,” Botha told Disrupt Africa. “Payment orchestration is relatively nascent as a concept, especially in emerging markets.

Source: The North Africa Journal October 13, 2023 12:01 UTC