South African Startup Revio Raises Seed Funding Round

Revio, a billing startup based in South Africa, has raised more than USD 1 Mn in a seed round. The Delta, an international venture development business, led the round. The startup plans to expand into East Africa in 2022.

The startup allows businesses to engage with customers in real-time through the integration of machine learning and data. It helps improve customer loyalty by making it simple to eliminate failed payments and customer loss. According to the startup, its platform supports all currencies and integrates with Flutterwave to enable its SaaS clients to sell their products throughout Africa.