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Yoco - About the company

Yoco is a series C company based in Cape Town (South Africa), founded in 2015 by Bradley Wattrus, Katlego Maphai and Lungisa Matshoba. It operates as a Provider of point-of-sale systems, card machines, and online payment solutions. Yoco has raised $107M in funding from investors like Velocity Capital Fintech Ventures, Quona and Partech Partners. The company has 444 active competitors, including 49 funded and 44 that have exited. Its top competitors include companies like Square, Clip and DNA Payments.

Company Details

Provider of point-of-sale systems, card machines, and online payment solutions. The company offers tools for businesses to grow revenue and save time. Its products include card machines, point-of-sale systems, and online payment processing. It serves various industries, including food and beverage, retail, health and beauty, and services.
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Email ID
*****@yoco.com
Key Metrics
Founded Year
2015
Location
Cape Town, South Africa
Stage
Series C
Total Funding
$107M in 5 rounds
Latest Funding Round
Ranked
Employee Count
559 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
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Yoco's funding and investors

Yoco has raised a total funding of $107M over 5 rounds. Its first funding round was on Jun 06, 2015. Its latest funding round was a Series C round on Jul 27, 2021 for $*****. 10 investors participated in its latest round. Yoco has 24 institutional investors.

Here is the list of recent funding rounds of Yoco:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 27, 2021
1523864
Series C
9685847
5755477
8073387
9368889
2020
7300
Series B
8873
4346
7187
Sep 06, 2018
4495348
Series B
8722850
5810584
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Yoco's founders and board of directors

Founder? Claim Profile
The founders of Yoco are Bradley Wattrus, Katlego Maphai and Lungisa Matshoba. Katlego Maphai is the CEO of Yoco.
Here are the details of Yoco's key team members:

Yoco's employee count trend

Yoco has 559 employees as of Aug 26. Here is Yoco's employee count trend over the years:
Employee count trend for Yoco
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Yoco's Competitors and alternates

Top competitors of Yoco include Square, Clip and DNA Payments. Here is the list of Top 10 competitors of Yoco, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Square
Square
2009, San Francisco (United States), Public
Provider of integrated point of sale and business management solutions
$520M
84/100
2nd
Logo for Clip
Clip
2012, Mexico City (Mexico), Series E
Provider of point-of-sale terminals and digital payment solutions for businesses
$997M
74/100
3rd
Logo for Yoco
Yoco
2015, Cape Town (South Africa), Series C
Provider of point-of-sale systems, card machines, and online payment solutions
$107M
73/100
4th
Logo for DNA Payments
DNA Payments
2018, London (United Kingdom), Series D
Provider of omnichannel payment solutions, including terminals, online payments, and ePOS
$141M
69/100
5th
Logo for Nexi
Nexi
1939, Milano (Italy), Acquired
Provider of digital payment solutions, including POS devices and online services
-
69/100
6th
Logo for Hala
Hala
2018, Riyadh (Saudi Arabia), Series B
App-based wallet for consumer and business payments
$168M
66/100
7th
Logo for Innoviti
Innoviti
2002, Bengaluru (India), Series E
Provider of payment and revenue assurance software for retail businesses
$155M
65/100
8th
Logo for Geidea
Geidea
2008, Riyadh (Saudi Arabia), Late Stage
Provider of integrated payment and business management solutions for merchants
$266M
63/100
9th
Logo for CM Telecom
CM Telecom
1999, Breda (Netherlands), Public
Provider of engagement platform with AI agents and unified data tools
-
62/100
10th
Logo for Shopbox
Shopbox
2011, Copenhagen (Denmark), Series A
Provider of cloud-based POS and checkout solutions for businesses
$4.06M
62/100
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Yoco's Investments and acquisitions

Yoco has acquired 2 companies including Dyner and NONA. Yoco has not made any investments as of now.

Reports related to Yoco

Here is the latest report on Yoco's sector:

News related to Yoco

lockFilter this list
Media has covered Yoco for a total of 6 events in the last 1 year, 3 of them have been about company updates and 2 about partnerships.
•
Yoco empowers over 50,000 merchants with R2bnBizcommunity.com•Oct 03, 2023•Yoco
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