TurnStay, a travel-focused fintech based in South Africa, has secured $300,000 in funding to expand into additional African markets and build on its significant momentum. The $300,000 investment, provided by DFS Lab, DCG in Silicon Valley, and other investors in York, will enable TurnStay to accelerate its expansion into new regions.
Founded by experienced entrepreneurs James Hedley, co-founder of Quicket, and Alon Stern, co-founder of Slide Financial, TurnStay leverages the same strategies used by the world’s largest booking companies. This approach allows TurnStay to reduce payment costs for African merchants and platforms within the travel and tourism sector.
TurnStay provides its customers in the African travel and tourism…