South Africa Travel Startup TurnStay Raises $1.9mln to Expand Across Africa

SA's TurnStay Raises USD 2 M Seed To Transform Africa’s Travel Payments

South African travel-focused fintech TurnStay has raised USD 2 M in seed funding to expand its payment infrastructure for Africa’s tourism sector. The round was led by First Circle Capital with participation from TLCom Capital, Enza Capital, Incisive Ventures, CVVC, and Equitable Ventures. Founded by fintech veterans Alon Stern (ex-Prodigy Finance) and James Hedley (co-founder of Quicket, acquired by Ticketmaster), TurnStay tackles the high cost…

South Africa travel startup TurnStay raises $1.9mln to expand across Africa

The platform uses a merchant-of-record model and stablecoin settlement to reduce costs and speed up payments

South African Travel Fintech TurnStay Raises U.S. $2M To Accelerate Africa Expansion - The Bulrushes

Johannesburg – South African travel-focused fintech TurnStay has raised U.S. $2 million (over R34 million) in a seed round led by First Circle Capital, with participation from leading U.S. and African VCs including  TLCom Capital, Enza Capital, Incisive Ventures, CVVC, and Equitable Ventures. The round will fuel TurnStay’s rapid expansion across African markets and enhance its fintech infrastructure for travel and tourism operators. Founded by f…

South African Travel Fintech TurnStay Raises $2M to Accelerate Africa Expansion

South African travel-focused fintech TurnStay has raised $2 million (over R34 million) in a seed round led by First Circle Capital, with participation from leading US and African VCs including  TLCom Capital, Enza Capital, Incisive Ventures, CVVC, and Equitable Ventures.  The round will fuel TurnStay’s rapid expansion across African markets and enhance its fintech infrastructure for travel and tourism operators. Founded by fintech tech veterans …