Africa Angel Investors Network

Funding Tracker                 


Turnstay

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Reduces the cost of getting paid for African merchants and platforms in travel and tourism


Location: South Africa
Website: http://turnstay.com/
Sector: Fintech
Funding Stage: Venture Round, Seed,
Total Funding ($m): 2.3
# of Founders: 2
Founding Year: 2022
Funding Year: 2024
Status: Active
YearAmountStageInvestors
2024$0.3mVenture RoundDFS Lab, Digital Currency Group
2025$2mSeedFirst Circle Capital, TLCom Capital, Enza Capital, Incisive Ventures, crypto-specialist CVVC, and Equitable Ventures.
Alon Stern, James Hedley, ,
Venture Round $0.3m
DFS Lab, Digital Currency Group

Seed $2m
First Circle Capital, TLCom Capital, Enza Capital, Incisive Ventures, crypto-specialist CVVC, and Equitable Ventures.


News
https://launchbaseafrica.com/2025/08/05/sas-turnstay-raises-2m-to-slash-africas-hidden-travel-payment-fees/