Yoco is a leading company in mobile points of sale (mPOS) in South Africa, allowing merchants to accept card payments using a smartphone or tablet as well as manage their day-to-day activities using POS software.
Since their launch in 2015, 27,000 Small and Medium-Sized Enterprises (3/4 of which had never accepted card payments before) have chosen Yoco. It has managed to create a genuine services ecosystem and intends to replicate the model in other countries in Sub-Saharan Africa.
Types of support
Orange Digital Ventures participated to a Series B round of $10m in 2018