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
Employees 552
Industries Financial Services, Fintech, Payments +1
Funding Stage Series C
Social

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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.

Business keywords: 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 $70.00M 2
Velocity Capital Fintech Ventures, TPG
15 Dec 2022
Series C $83.00M 10
Orange Ventures MEA, Quona Capital +8
27 Jul 2021
Venture Round Undisclosed 1
Musha Ventures
01 Jan 2020
Series B $16.00M 7
Orange Ventures MEA, Quona Capital +5
06 Sep 2018
Series A $3.00M 3
Quona Capital, Velocity Capital Fintech Ventures +1
01 Mar 2017
Seed Round $2.35M 2
CRE Venture Capital, Robby Hilkowitz
31 Oct 2015
Seed Round $1.65M 7
CRE Venture Capital, Hard Yaka +5
01 Jul 2014

Yoco Alternatives & Competitors

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Yoco vs

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myPOS
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Adyen
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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 Financial Services, Fintech, Payments and CRM and Sales. Its work centres on digital commerce platform, payments ecosystem, small business solutions and card payments. Its customers include Small businesses, Retail and Food and Beverage.
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 Zettle by PayPal, myPOS, Adyen, Clearent by Xplor, SumUp. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Yoco and Zettle by PayPal 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.

Source: BounceWatch company record for Yoco, https://bouncewatch.com/company/yoco, updated 5 July 2025. When citing, please name BounceWatch and link this page.

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