Cape Town, 19 October 2022 – 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.

Erica brings 11 years of fintech corporate development, finance, and operations experience to Revio. A chartered Accountant and post graduate of Accounting from the University of Cape Town, Erica started her career as an audit manager in financial services at KPMG. She went on to become a founding member of TYME Bank, a rapidly growing digital bank in South Africa, where she served as a Finance Manager and Product Manager, leading strategic projects such as license applications.

She later joined Standard Bank as a Digital Product Manager in the Card and Emerging Payments team, leading the design and delivery of mobile payment services. Erica then joined the early team at Root, a South African embedded InsurTech, where she set up the Finance capability, and led regulatory and operational build in collaboration with insurers. Once established, Erica joined Entersekt, a global authentication scale-up with 80 million users and 100+ financial institutions as customers, as Chief of Staff. In less than a year, she was appointed Group CFO to lead the company’s corporate development and financial operations, supporting its successful expansion into the United States.

This appointment follows Revio’s successful Seed fundraising round, where the company announced a $5.2 million investment led by QED Investors, joined by Partech and the startup’s existing investors.

Commenting on the news, CEO and co-founder of Revio, Ruaan Botha said, “The size of our customers and ambition means that we need to match growth with maturity in our operations and processes. Erica brings a wealth of experience in what it takes to build a business to scale, and appropriately manage risks in our key markets. We’re excited that she has joined us and look forward to the impact she will make on our business and team.”

Erica Bester shared, “I've always been passionate about companies that build exceptional technology to solve big problems and extricate complexity. Revio is on the forefront of significantly changing the landscape of payments, and this opportunity allowed me to combine that passion with my financial and operational expertise.”

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About Revio

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 PCI-compliant platform and API, global and local merchants can access 70+ payment methods, set up configurable routing and retry rules, and dynamically engage customers throughout the payment journey.