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Our story · Open roles · Perks & benefits · In the news
Our mission is to power the next generation of inclusive commerce in Africa. 🌍 If businesses can offer customers more accessible, flexible payment options, we can unlock multiplied economic growth on the continent. This starts with offering the most locally-relevant payment methods, with intuitive payment journeys that optimise customer conversion, success rates, and repeat purchases.
Revio was founded in 2020 to based on the insight that there is more to getting paid than accepting payments. Co-founder and CEO, Ruaan Botha, was inspired to start the company by seeing how much time and manual effort businesses spend on their payment operations, including managing failed payments and chasing churned customers. When asking 30+ businesses where they would invest $1 if they had to fix their payment systems, they all unhesitatingly confirmed they’d spend at least 90c on increasing payment success rates.
It turned out that this was a much bigger problem that he had initially thought. In African markets, 30% of payments fail on average, costing businesses billions of dollars in lost revenue each year. Businesses face a 300%+ higher churn rate than the global average, with up to 40% of this churn attributable to payment failures. Combined with rapid growth in digital payments, businesses are facing increasingly complex payment operations, that hinder sustainable, inclusive commerce on the continent.
Today, Revio is an Africa-focused payment orchestration platform that minimizes the complexity, cost, and risk of payment operations, to help merchants reach and retain more customers. Through a single PCI-compliant platform and API, global and local merchants can access 70+ payment methods, set up configurable routing and retry rules, and dynamically engage customers throughout the payment journey.
Ruaan Botha, co-founder and CEO of Revio
We currently serve some of Africa's largest brands in insurance, banking, telco, retail, and media & streaming, including Old Mutual, Standard Bank, MTN, and Innovation Group. We're backed by A+ global investors, including QED Investors, Partech, and SpeedInvest, bolstering our team with industry legends that will help us build a successful multinational company.
Locally grounded but globally relevant, Revio aims to be the go-to payment services partner for businesses operating in Africa.
<aside> 🎧 Listen to Revio co-founder and COO, Nicole Dunn, on Everywhere VC’s podcast where she talks about entrepreneurship, how we build at Revio, and why we’re so passionate about shaping the future of payments in Africa: https://ideas.everywhere.vc/p/podcast-nicole-dunn-scott-hartley-episode10
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“Culture eats strategy for breakfast” – Peter Drucker.
We believe code can be copied, but people can’t. We’re proud to hire the best in the industry, and provide a platform for their personal, professional, and financial growth.
Our team join us to make a difference. We’re a team of makers, excited by the opportunity to build a business, not just work for one. We like to build our way out of uncertainty, and find elegant solutions to complex problems.
We’re still at the stage where all team members need to roll up their sleeves and help build the company you want to work in. If you’re excited to apply your skills and ambition to build the future of payments in Africa, we reckon there’s no better opportunity for you.
You’ll work with exceptionally smart people, with an experienced leadership team, and the capital backing to make this a success.
<aside> ❤️ We believe the best companies embrace diversity at every level. We hire the best in the market, and that’s why our team represents diversity in race, age, gender identity, sexuality, heritage, perspectives, and ideas.
We’re building a company where people can do their best work and be their full selves, empowered with autonomy and supported to succeed. We hope you’ll join us.
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