Yoco
Founded Year
2013Stage
Unattributed VC | AliveTotal Raised
$105.05MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+10 points in the past 30 days
About Yoco
Yoco develops a financial platform for small businesses. It offers tools to accept digital payments at both point-of-sale and online through intelligent software and grow through cash advances. It was founded in 2013 and is based in Cape Town, South Africa.
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Research containing Yoco
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Yoco in 3 CB Insights research briefs, most recently on Sep 14, 2022.
Expert Collections containing Yoco
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Yoco is included in 6 Expert Collections, including Store tech (In-store retail tech).
Store tech (In-store retail tech)
1,595 items
Companies that make tech solutions to enable brick-and-mortar retail store operations.
Fintech 250
748 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Digital Lending
2,170 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
SMB Fintech
1,647 items
Payments
2,779 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech
12,418 items
Excludes US-based companies
Latest Yoco News
Aug 22, 2023
Kora Partners With Finextra To Release Report on Future of Fintech in Africa Details In this collaborative report, experts from Kora, Finextra, Binance, Yoco and six other companies share research-based ideas, hard-won lessons and analyse the developing patterns that are driving Africa’s fintech evolution. From the transformative potential of Artificial Intelligence (AI) to the revolutionising impact of Blockchain and Cloud technologies on cross-border payments, the report provides valuable insights for businesses and investors across the continent. With insights from experts from all regions on the continent, the report is a holistic view of the fintech landscape across Africa. What They’re Saying “We are excited to present ‘The Future of Fintech in Africa 2023’ in collaboration with Finextra,” said Dickson Nsofor, CEO at Kora. “This white paper reflects our commitment to advancing the financial landscape in Africa and empowering businesses in the fintech industry.” “Africa has witnessed significant progress in the financial technology sector with the value of mobile transactions increasing 25 times over the last decade. The whitepaper suggests ideas towards building on this growth and realizing Africa’s vision of a truly unified continent; enhancing trade, and economic maturity.” said Ayodeji Osisami, COO at Kora. Commenting on the partnership, Madhvi Mavadiya, Head of Content at Finextra, stated, “The future of fintech in Africa holds immense potential and transformative opportunities. Through our joint efforts with Kora, the Future of Fintech in Africa 2023 report presents a comprehensive view of the region’s fintech evolution, highlighting the disruptive technologies and regulatory insights that will shape its path forward.” The white paper can be downloaded from: https://korahq.com/future-of-fintech Related
Yoco Frequently Asked Questions (FAQ)
When was Yoco founded?
Yoco was founded in 2013.
Where is Yoco's headquarters?
Yoco's headquarters is located at 56 Shortmarket Street, Cape Town.
What is Yoco's latest funding round?
Yoco's latest funding round is Unattributed VC.
How much did Yoco raise?
Yoco raised a total of $105.05M.
Who are the investors of Yoco?
Investors of Yoco include Uncovered Fund, Quona Capital, Velocity Capital Fintech Ventures, Partech Partners, Raba Capital and 15 more.
Who are Yoco's competitors?
Competitors of Yoco include Kopo Kopo, YapStone, PayNearMe, PalmPay, Peach Payments, Stripe, Lulalend, TouchBistro, Proxalys, Ezetap and 15 more.
- Predict emerging trends
- See competitors' playbooks
- Stalk the smart money
- Identify tomorrow's challengers
- Spot growing industries
- Kill analyst data work
Compare Yoco to Competitors
ToneTag provides an audio-based payment solution. The company offers digital billing solutions, payment solutions, interactive voice response (IVR) payment solutions, marketing solutions, and more. It provides solutions for grocery stores and the food and beverage industry, It was founded in 2013 and is based in Bengaluru, India.
Previse operates a financial platform. It uses machine learning to deliver instant payments to small businesses supplying large corporations. It was founded in 2016 and is based in London, United Kingdom.
Veem offers a payment platform for businesses to send and receive money globally. It provides flexible digital payments, competitive exchange rates, payment tracking, and workflow automation. It serves various industries such as e-commerce, freelancers, manufacturing, and others. The company was formerly known as Align Commerce. It was founded in 2014 and is based in San Francisco, California.
Satispay offers a payment platform. The users can send payments to other Satispay users, pay for in-store and online purchases, or make in-application purchases. It enables individuals to pay in online and offline affiliated stores, exchange money with friends, and set aside small amounts of money. It offers e-commerce plugins and customized links for online stores. The company was founded in 2013 and is based in Luxembourg City, Luxembourg.
Cellulant develops an electronic payment service connecting customers with banks and utility services to create a payment ecosystem. It offers a single application program interface payments platform that provides locally relevant and alternative payment methods for global, regional, and local merchants. Its platform enables businesses to collect payments online and offline while allowing anyone to pay from their mobile money, local and international cards, or directly from their bank. It was founded in 2003 and is based in Nairobi, Kenya.
Pine Labs offers cloud-based point-of-sale (PoS) payment solutions. The company allows merchants to accept credit or debit card payments, as well as methods such as e-wallets, quick response (QR) code payment solutions, and unified payments interface (UPI)-based solutions. The company was founded in 1998 and is based in Noida, India.
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