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.
- Website
- www.yoco.com/za/
- 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
Investors
Ranked
3rd among 444 active competitors
Employee Count
559 as on Aug 31, 2026
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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:
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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 |
View details of Yoco's funding rounds and investors
Yoco's founders and board of directors
Founder? Claim ProfileThe 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:
- Bradley Wattrus: Co-Founder of Yoco and founder of 1 other company. Contact Info: 2 email addresses
- Katlego Maphai: Co-Founder & CEO of Yoco and founder of 1 other company. Contact Info: 2 email addresses
- Lungisa Matshoba: Co-Founder of Yoco and founder of 1 other company. Contact Info: 2 email addresses
View details of Yoco's Founder profiles and Board Members
Yoco's employee count trend
Yoco has 559 employees as of Aug 26. Here is Yoco's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Square 2009, San Francisco (United States), Public | Provider of integrated point of sale and business management solutions | $520M | 84/100 | |
2nd | Provider of point-of-sale terminals and digital payment solutions for businesses | $997M | 74/100 | ||
3rd | Yoco 2015, Cape Town (South Africa), Series C | Provider of point-of-sale systems, card machines, and online payment solutions | $107M | 73/100 | |
4th | DNA Payments 2018, London (United Kingdom), Series D | Provider of omnichannel payment solutions, including terminals, online payments, and ePOS | $141M | 69/100 | |
5th | Provider of digital payment solutions, including POS devices and online services | - | 69/100 | ||
6th | Hala 2018, Riyadh (Saudi Arabia), Series B | App-based wallet for consumer and business payments | $168M | 66/100 | |
7th | Provider of payment and revenue assurance software for retail businesses | $155M | 65/100 | ||
8th | Geidea 2008, Riyadh (Saudi Arabia), Late Stage | Provider of integrated payment and business management solutions for merchants | $266M | 63/100 | |
9th | CM Telecom 1999, Breda (Netherlands), Public | Provider of engagement platform with AI agents and unified data tools | - | 62/100 | |
10th | Provider of cloud-based POS and checkout solutions for businesses | $4.06M | 62/100 |
Looking for more details on Yoco's competitors? Click here to see the top ones
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
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.
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Yoco Expands Offerings to Help South African Small Businesses Consolidate OperationsTechCabal•Jun 18, 2026•Yoco
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Yoco and stub Integrate Payments and Accounting for South African EntrepreneursTechMoran•Jun 02, 2026•Co, Yoco
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Yoco Acquires Dyner in First Known Acquisition to Expand Beyond PaymentsInnovation-village•May 28, 2026•Yoco
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South African fintech Yoco appoints German banking executive Carsten Höltkemeyer as new CEODisruptafrica•May 08, 2026•Yoco, Apple
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Yoco's Marcello Schermer Says the Next Test for African Fintech Is Smarter ToolsTechCabal•Feb 22, 2026•Yoco
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Kfm 94.5 Launches Nominations for 2025 Best of the Cape Awards, Powered by YocoMedia Update•Jul 03, 2025•Yoco, Primedia Plus
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South Africa Payments Start-up Yoco Raises $16 MillionFashion Network•Apr 29, 2024•Yoco, Partech Partners, Orange Ventures, FMO and 1 other
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