Yoco logo — Africa’s pioneering fintech, empowering businesses with a co...

Yoco

Africa’s pioneering fintech, empowering businesses with a connected ecosystem of payment and business tools.

Founded 2015 South Africa South Africa 552 employees Series C Total: $176.00M Financial Services, Fintech +2

General Information

Company Name Yoco
Founded Year 2015
Location South Africa South Africa +3
Employees 552
Industries Financial Services, Fintech, Payments +1
Funding Stage Series C
Social

Get notified when Yoco moves

Funding, new markets, leadership changes, hiring surges — one e-mail, only when something happens.

Free · no account needed

About Yoco

Yoco is a trailblazer in the fintech landscape of Africa, dedicated to empowering businesses with a seamlessly connected ecosystem of payment and business tools. As an all-encompassing digital commerce platform designed specifically for small businesses, Yoco simplifies the ability to sell and manage your enterprise from any location, offering growth through actionable insights, all unified under one Yoco profile.

Since its inception in 2015, Yoco has supported over 200,000 small businesses throughout South Africa to process card payments and gain access to capital, often for the first time. This success is driven by their comprehensive ecosystem of payments, software, and tools, all accessible through a single Yoco account, crafted by a talented global team of over 350 members spread across South Africa and the Netherlands.

The company has been recognized for its innovation and impact, earning accolades such as being listed among CNBC's Top 250 Innovative Fintech Companies in 2024, awarded by the Brand Africa Award as a Top 3 Inspirational Youth-Founded Company in 2024, and ranked by the Financial Times Africa as one of the Fastest Growing Companies in 2022. Additionally, they were acknowledged by Fast Company in both 2020 and 2021 as one of the Best Workplaces for Innovators.

In its latest development phase, Yoco secured a substantial $70.00M Series C investment on 15 December 2022, led by notable investors Velocity Capital Fintech Ventures and TPG. With headquarters in South Africa, Yoco continues to enhance the capabilities of small businesses in financial services, fintech, payments, CRM, and sales sectors, providing a robust foundation for future growth and innovation.

Taxonomy: digital commerce platform, payments ecosystem, small business solutions, card payments, business growth insights, point of sale, lending, business software, mobile commerce, capital access, entrepreneur support

Services & Products

Card payment solutions
Point of sale hardware and software
E-commerce payment solutions
Integrated financial management tools

Target Customers

Small businesses Retail Food and Beverage Health and Beauty Service-based industries

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 2
Investor
•••• ••••
15 Dec 2022
Series C •••••• 10
Investor Investor Investor Investor Investor Investor Investor
•••• ••••
27 Jul 2021
Venture Round •••••• 1
Investor
01 Jan 2020
Series B •••••• 7
Investor Investor Investor Investor Investor Investor
•••• ••••
06 Sep 2018
Series A •••••• 3
Investor Investor Investor
01 Mar 2017

View All 7 Funding Rounds

Yoco Alternatives & Competitors

Yoco vs
boost
boost United Kingdom

the payments people

2-10 employees
Finance, Financial Services
Yoco vs

Turn any smartphone or tablet into a mobile payment hub and access banking conveniences seamlessly.

Convertible Note
E-Commerce, Fintech
Yoco vs

Become A BluPay Merchant Now!

Non Equity Assistance
25 employees
Fintech
Also compare with: Yoco vs Axis Axis

FAQ About Yoco

Africa’s pioneering fintech, empowering businesses with a connected ecosystem of payment and business tools.
Yoco was founded in 2015.
Yoco is headquartered in South Africa.
Yoco operates in the following industries: Financial Services, Fintech, Payments, CRM and Sales.
Yoco has approximately 552 employees.
Yoco has completed 7 funding rounds, raising a total of $176.00M. The latest funding stage is Series C.
Yoco offers: Card payment solutions, Point of sale hardware and software, E-commerce payment solutions, Integrated financial management tools.
Top alternatives and competitors to Yoco include boost, Sr.Pago, The Blu Penguin, Clearent by Xplor, Axis. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Yoco and boost are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Don't just browse. Track.

Signal Tracker monitors Yoco and millions of companies for funding rounds, hiring surges, product changes, and 40+ signal types — so you never miss an opportunity.

One analytics cookie (Google Analytics). Cookie Policy