TurnStay - About the company
TurnStay is a seed company based in Cape Town (South Africa), founded in 2021 by James Hedley. It operates as a Payment orchestration platform for businesses. TurnStay has raised $300K in funding from Digital Currency Group and DFS Lab. The company has 521 active competitors, including 52 funded and 20 that have exited. Its top competitors include companies like Checkout.com, Zuora and Juspay.
Company Details
Payment orchestration platform for businesses. It helps businesses streamline and optimize payment workflows. It involves integrating multiple payment gateways, processors, and methods into a single platform, allowing for management and optimization of the payment process. It also helps route transactions to the appropriate payment gateway or processor based on factors such as location, payment method, and transaction amount.
- Website
- www.turnstay.com
- Email ID
- *****@turnstay.com
- Phone Number
- +27 **********
Key Metrics
Founded Year
2021
Location
Cape Town, South Africa
Stage
Seed
Total Funding
$300K in 1 round
Latest Funding Round
Investors
Ranked
35th among 521 active competitors
Employee Count
14 as on Aug 31, 2026
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TurnStay's funding and investors
TurnStay has raised a total funding of $300K over 1 round. Its latest funding round was a Seed round on Jul 16, 2024 for $*****. 2 investors participated in its latest round. TurnStay has 2 institutional investors.
Here is the list of recent funding rounds of TurnStay:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 16, 2024 | 3274328 | Seed | 7803956 | 3504394 | 1222675 | 8091207 |
View details of TurnStay's funding rounds and investors
TurnStay's founders and board of directors
Founder? Claim ProfileThe founders of TurnStay is James Hedley.
Here are the details of TurnStay's key team members:
- James Hedley: Founder of TurnStay.
View details of TurnStay's Founder profiles and Board Members
TurnStay's employee count trend
TurnStay has 14 employees as of Aug 26. Here is TurnStay's employee count trend over the years:
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TurnStay's Competitors and alternates
Top competitors of TurnStay include Checkout.com, Zuora and Juspay. Here is the list of Top 10 competitors of TurnStay, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Checkout.com 2012, London (United Kingdom), Series D | Provider of digital payment processing services for global enterprise merchants | $1.83B | 79/100 | |
2nd | Zuora 2007, Redwood City (United States), Acquired | Cloud-based invoice and subscription management solutions for businesses | $243M | 77/100 | |
3rd | Provider of payments infrastructure solutions | $161M | 75/100 | ||
4th | PPRO 2006, London (United Kingdom), Series D | Provider of digital payment infrastructure for local and alternative methods | $463M | 71/100 | |
5th | PayNearMe 2009, Santa Clara (United States), Series E | Provider of platform facilitating payment acceptance, disbursement, and management services | $203M | 70/100 | |
6th | Bridge 2022, San Francisco (United States), Acquired | Developer of infrastructure and application programming interfaces for stablecoin transactions | $58M | 68/100 | |
7th | Primer 2019, London (United Kingdom), Series C | Provider of unified infrastructure for payment acceptance, routing, and reconciliation | $174M | 67/100 | |
8th | Fun 2022, San Francisco (United States), Series A | Provider of payment infrastructure for moving money across blockchain networks | $75.9M | 67/100 | |
9th | Cloud-based payment routing solution for businesses | $39.5M | 64/100 | ||
10th | APEXX 2015, London (United Kingdom), Series B | Provider of a platform for payment orchestration and transaction processing | $57.4M | 63/100 | |
35th | TurnStay 2021, Cape Town (South Africa), Seed | Payment orchestration platform for businesses | $300K | 45/100 |
Looking for more details on TurnStay's competitors? Click here to see the top ones
TurnStay's Investments and acquisitions
TurnStay has made no investments or acquisitions yet.
Reports related to TurnStay
Here is the latest report on TurnStay's sector:
News related to TurnStay
Media has covered TurnStay for 1 event in last 1 year, It was about company updates.
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South African fintech TurnStay processes over $61.5M in travel payments within six monthsDisruptafrica•Aug 12, 2026•TurnStay
•
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South Africa's TurnStay Secures $2M to Expand Across AfricaTechMoran•Aug 11, 2025•TurnStay, First Circle Capital, TLcom
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TurnStay, a South African travel fintech, has raised $300,000 in fundingTechgist Africa•Jul 29, 2024•TurnStay, DFS Lab, Digital Currency Group
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South Africa’s TurnStay secures $300,000 to boost expansion in AfricaTechpoint.Africa•Jul 16, 2024•TurnStay, DFS Lab, Digital Currency Group
•
Yepes, Aceves and Diaz de Moffin on their $2.1 million seed round led by Accion Venture LabContxto•Jul 10, 2024•Moffin, Accion, Chile Ventures, New Ventures Capital and 6 others
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