A travel fintech platform that helps African hotels and travel companies receive payments efficiently, reducing fees and payment failures.
South African Fintech Startup TurnStay Secures $2 Million Seed Funding to Revolutionize Travel Payments Across Africa
TurnStay secured $2 million in seed funding to enhance its platform. The funding round was led by First Circle Capital and supported by multiple investors.
TLcom reaches midpoint deployment in $5M TAPSI fund with key bet on TurnStay
TLcom Capital has deployed 50% of its $5M pre-seed fund, TAPSI. The firm backed South African travel payment platform TurnStay’s $2M seed round.
TLcom Capital Deploys 50% of $5M Pre-Seed Fund to Support Early-Stage African Startups
TLcom Capital has deployed 50% of its $5 million TAPSI fund, focusing on early-stage entrepreneurs in Africa. The fund participated in a $2 million seed round for TurnStay, a South African travel payment platform.
South African fintech startups to watch in 2025
South Africa's fintech sector accounts for nearly 40% of Africa's total fintech earnings. In 2023, there are over 140 fintech startups operating in South Africa.
South African Travel Fintech TurnStay Secures $300,000 in Fresh Funding
TurnStay has secured $300,000 in funding to expand into additional African markets. The investment will enable TurnStay to reduce payment costs for African merchants and platforms in the travel and tourism sector.
