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Case Study

aYo diversifies insurance payment options with Revio

African insurtech aYo Holdings, jointly owned by telecommunications giant MTN and insurer Sanlam Allianz, is pioneering omnichannel insurance premium collections and claims payouts, through a partnership with payment orchestrator, Revio.


Revio hires experienced VP of Finance & Operations to accelerate scale

Erica Bester, former Group CFO of global authentication company Entersekt, joins Revio as Vice President of Finance and Operations. In this role, Erica will lead the company’s strategic and financial operations, to support accelerated growth in Revio’s existing and new markets.


Announcing Revio's $5.2 million Seed round

‍Revio, the payment orchestration platform helping merchants optimize their order to cash lifecycle, today announced a seed investment round of $5.2 million. The funding round was led by leading fintech fund QED Investors, joined by Partech and continued participation from Revio’s existing investors, Speedinvest, RaliCap, and Everywhere VC. 


Revio adds FinTech executive Munya Chiura to advisory board to accelerate African expansion

Africa FinTech executive, Munya Chiura, joins Revio's advisory board. Chiura is a sought-after growth leader with former roles including Head of Growth for Rest of Africa at Flutterwave. Chiura shared that Revio “is targeting a key barrier to growth for businesses in Africa” through targeting “fragmentation and a lack of interoperability” of payment methods.


Former Payworks CEO, Christian Deger, joins Revio’s advisory board

Former founder and CEO of Payworks, Christian Deger, joins Revio's advisory board. This move sees the payments veteran throw his experience and reputation behind a startup focused on using payments data to optimize revenue collection and assurance across Africa. 


5 ways to increase payment success rates

Globally, card payments fail 10-15% of the time. In emerging markets, this failure rate is much higher – ranging as high as 40%. Payment failures not only result in immediate lost revenue, but can impact future sales, with 62% of customers opting not to return to a website after experiencing a failed payment. In this article, we highlight 5 tried-and-tested ways that business can increase payment success rates. 


Payment Orchestration: The next wave of payment innovation in emerging markets

In emerging markets, the payments ecosystem is particularly fragmented, with multiple payment methods operating independently. By consolidating payment processing and management, payment orchestration can help businesses to increase acceptance rates, improve operational efficiency, and enhance user experience – taking the pain out of getting paid. 


Featured Feature: Debit Order API

In Southern Africa, debit orders are still the primary method for collecting recurring revenue. However, the payment method is complex and costly to implement, and can be risky to manage at scale. Find out how Revio's Debit Order API simplifies this complexity, making debit order accessible and scalable to businesses of all sizes.


Looking back at an eventful year at Revio

As the year comes to a close, our COO reflects on the African payments landscape and what the future holds for Revio


Revio raises $1.1m to solve the payment failure problem in emerging markets

Revio raises $1.1 million from leading investors to solve the payments failure problem in emerging markets. The round was led by SpeedInvest, joined by Ralicap Ventures, The Fund, and Two Culture Capital.

Case Study

Old Mutual partners with Revio to enable online payments for SMEs

Old Mutual, Africa's largest insurer, launched SMEgo to help SMEs run and grow their businesses on the go. Our partnership enables SMEs to receive card and EFT payments instantly, helping businesses get paid on time and better manage cash flow.

Case Study

How Anytime Fitness accelerates market expansion with Revio

Anytime Fitness is a franchise of 24-hour health and fitness clubs with more than 5,000 locations in 35 countries. Learn how the group collects recurring payments and accelerates market expansion using Revio's Payments API.

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