SA fintech TurnStay powers $60M transactions in H1 2026

TurnStay , a South African financial technology platform specializing in travel payment infrastructure, processed over R1 billion (approximately $60.6 million) in transaction volume during the first six months of 2026 alone. Founded three years ago, the company addresses a long-standing structural inefficiency in Africa’s tourism economy: high foreign exchange (FX) spreads, card network surcharges, and cross-border acquiring fees that erode operator profit margins.