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Yoco

From EverybodyWiki Bios & Wiki

Yoco
File:Yoco Logo.png
Type of businessPrivate
Founded2015
HeadquartersCape Town, South Africa
Founder(s)Bradley Wattrus, Carl Wazen, Katlego Maphai, Lungisa Matshoba [1]
Key peopleKatlego Maphai
(CEO)
IndustryFinancial Services
ServicesPayment technology
Employees110
Websiteyoco.com

Yoco is a South African fintech company[2] and a payments and Point of Sale provider[3] based in Cape Town, South Africa.

History

Yoco was founded in 2015 by Katlego Maphai (CEO), Carl Wazen, Bradley Wattrus and Lungisa Matshoba, with the aim of enabling small businesses to securely accept card payments.[4] The company has raised US$23 million from a range of international and local investors.[5][6][7] Yoco is considered South Africa's largest and fastest growing independent card payments provider by number of merchants[8][9]

The company is currently processing about $280 million in annualized payment volume for around 30,000 businesses,[10] and has around 110 staff members, with plans to add another 50 staff members in the next two years.[11]

See also

References

  1. Start-up de la semaine : en Afrique du Sud, le terminal de paiement mobile de Yoco a le vent en poupe Jeune Afrique
  2. "Fintech Startup Yoco Is Making Payments In South Africa Go Mobile". Forbes. 4 October 2017.
  3. "Orange invests in South African payment service Yoco". African Review.
  4. Jumo et Yoco, figures de proues de la fintech sud-africaine Les Echos
  5. Orange adds to Yoco's US$23 million raised ITwebafrica.com
  6. "Orange Digital Ventures investit dans Yoco". 7 September 2018.
  7. "SA fintech start-up Yoco raises R248-million in funding - TechCentral". Orange.com. 6 September 2018.
  8. "Yoco raises R230 million to grow network of business merchants - IOL Business Report".
  9. Yoco lève $16M dans une Série B menée par Partech Boursier.com
  10. "South Africa's Yoco raises $16 million to boost services to small businesses". Techcrunch.com.
  11. "Yoco eyes expansion after $16m investment". 9 September 2018.

External links


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