The funding will be used to expand Revio’s team, launch new products, and enter new markets across Africa.
Revio provides businesses with a payment orchestration platform that makes it easy to accept payments from customers all over Africa.
The platform supports a wide range of payment methods, including mobile money, bank cards, and local payment schemes.
Revio’s platform is particularly useful for businesses that sell products and services to customers in multiple African countries.
The fintech startup is already working with a number of leading businesses in Africa, including MTN, Airtel, and Uber.
The company plans to use its new funding to expand its reach and help more businesses streamline their payment processes.
Revio’s latest investment is a sign of the growing interest in fintech in Africa.
Africa has a large and growing population, but many people do not have access to traditional banking services.
Fintech startups like Revio are making it easier for people to access financial services and make payments.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
South African fintech startup LittleFish has successfully closed its seed investment round, with TLcom Capital leading the financing and Flourish Ventures participating as a co-investor.
Synapse Analytics, an Egyptian artificial intelligence (AI) startup, has secured a $2 million investment to expand its AI-powered solutions across the Gulf Cooperation Council (GCC) and Africa.
Development Partners International (DPI), a major private equity investor, has raiseda new venture capital platform aimed at supporting technology startups across Africa.
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