Revio, an API payment and collections company raised $1.1 million in SEED led by Speedinvest where Ralicap Ventures, The Fund, Two Culture Capital, and several angel investors also participated.
Revio assists businesses in reducing the time and manual effort spent engaging customers on outstanding and failed payments. Revio makes it easier for African businesses to connect to multiple payment methods and manage payment failures. Revio claims to aggregate and orchestrate payment methods in Africa such as card, bank transfer, debit order, mobile money, vouchers, and QR code.
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