Revio
OperatingRevio accepts payments globally, recover failed transactions, reduce customer churn.
- Financial Services
- Cape Town, South Africa
- Seed
- Founded 2020
- reviopay.com ↗
- Total raised
- $6.3M
- disclosed
- Last round
- $5.2M
- Seed
- Rounds
- 4
- since 2020
- Investors
- 10
- on record
- Employees
- 11-50
About Revio
Revio helps businesses collect more revenue through better payment experiences and customer interactions. Founded in 2020, our Payment Orchestration, Billing Automation, and Smart Collections solutions enable companies to seamlessly offer new payment methods, reduce failed payments and churn, and expand into new markets at pace. Our platform is powered by rich analytics and payment behaviour data, providing more insight into failed payments to optimise conversion and collections.
Features include: - Multiple payment methods through a single API at best-in-market rates - Smart payment routing and automatic failover - Split settlements into multiple accounts (in different countries and currencies) - Real-time insight into payment failures - No-code billing, including invoicing, check-out experiences, and payment links to increase conversion - Automated dunning and recovery processes, including smart retries - Proactive payment token expiry and personalised messaging based recovery - Analytics to identify most successful payment methods and segment customers by profitability and propensity to pay
Revio funding4 rounds
All 4 rounds →Revio has raised $6.3M across 4 disclosed rounds. The latest is a $5.2M Seed announced 26 Sep 2023, led by QED Investors.
- $1.1MSeedSeed, $1.1M, $1.1M raised to date
- $5.2MSeedSeed, $5.2M, $6.3M raised to date
SLA Funding Index · grey is capital raised before each round · 2 undisclosed rounds not drawn
Who has invested in Revio
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 26 Sep 2023 | Revio Seed | QED Investors +4 | $5.2M |
| 25 Nov 2022 | Revio Seed | Two Culture Capital +5 | $1.1M |
| 05 Aug 2021 | Revio Seed | The Delta | Not disclosed |
| 01 Jan 2020 | Revio Seed | The Delta | Not disclosed |
Revio founders & team
Full team →Revio competitorssame sector · similar funding
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Frequently asked about Revio
- Where is Revio based and when was it founded?
- Revio is headquartered in Cape Town, South Africa and was founded in 2020.
- Who is the CEO of Revio?
- Ruaan Botha is Revio's CEO.
- How much funding has Revio raised?
- Revio has raised $6.3M across 4 disclosed rounds. Its latest, a $5.2M Seed, was announced on Sep 26, 2023.
- Who has invested in Revio?
- Backers include Speedinvest, RaliCap, QED Investors, Partech and 6 others.
- What sector is Revio in?
- Revio operates in Financial Services, FinTech and SaaS.
