Yoco co-founders Lungisa Matshoba and Bradley Wattrus will take the leadership reins from Katlego Maphai.
Browsing: Katlego Maphai
South Africa has a mature banking sector and innovative fintech solutions on offer, but cash is still king in Mzansi. Why?
Yoco has launched the new Yoco Neo Touch card machine offering unlimited 4G data and all-day battery life.
South African payments company Yoco has raised about R1.2-billion from top investors in a series-C funding round as demand grows among small businesses for its digital payments tools.
Although reports have emerged of quieter-than-normal retail stores this Black Friday weekend, it seems many South African consumers turned to online shopping to beat the crowds – and the coronavirus.
Yoco, which provides point-of-sale solutions to more than 80 000 small and medium businesses in South Africa, is ideally placed to measure the impact of the Covid-19 lockdown on this segment of the economy.
Independent card payments provider Yoco’s move into granting loans to its small business customers is paying off.
South African point-of-sale payments provider Yoco is launching a new, lower-cost POS terminal as it looks to double its customer base from 50 000 to 100 000 in the next year ahead of a further fundraising round.
South African fintech start-up Yoco has raised $16-million (R248-million at the time of writing) from a range of international and local investors.