South African travel-focused fintech, TurnStay, has raised $300,000 in funding from Silicon Valley and New York-based investors DFS Lab and DCG.
Details
The company said in a statement that it plans to use the funding to expand the business into Africa and build on the significant traction already achieved.
Founded by entrepreneurs Alon Stern, co-founder Slide Financial, and James Hedley, co-founder Quicket, TurnStay reduces the cost of getting paid for African merchants and platforms in travel and tourism by using strategies used by the world’s biggest booking companies.
How It Works
TurnStay’s payment option is embedded and integrates with leading booking engine providers such as Benson…