SA fintech TurnStay processes $60.5m in travel payments in six months
- TurnStay processed over R1 billion in transactions in just six months.
- The company was founded three years ago and has rapidly grown its client base.
- TurnStay raised $300,000 in a pre-seed round in 2024 and $2 million in a seed round in 2025.
TurnStay's innovative approach to payment processing in the African travel sector addresses a significant pain point for merchants, potentially transforming the industry. However, the company must navigate regulatory challenges and competition from established players to sustain its growth trajectory.
