Yoco
FOUNDING YEAR: 2013
LOCATION: South Africa
Last Update: 19/01/2021
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About
Yoco is an African technology company that builds tools and services to help small businesses get paid, run their business better, and grow. We believe that by opening up more possibilities for entrepreneurs to be successful, we can help create more jobs, enable people to thrive and help to drive our economy forward.Your business is our business. Your growth is our growth. Thats why were for you. Our mobile card readers, Point of Sale App and Business Portal give you the tools to run and scale your business.
MEDICI Analysis
Yoco provides merchants with a mobile point of sale application and card acceptance solution.The Yoco solution includes the mobile app and either a Plug-in Card reader or a Wireless card reader.
Focus
PRODUCTS & SERVICES
YOCO App for POS System.
REVENUE MODEL
Company earns revenues by charging 3.5% processing fee for per transaction.
MAIN CLIENTS
Small businesses
EXISTING PARTNERSHIPS
Feedzai
payworks
Miura Systems
Traction
VALUATION / MARKET CAP:
$11 M in 2017
COMPANY TYPE:
For Profit
TRANSACTIONS VALUE:
$1 M
People
FOUNDERS
Katlego Maphai
Carl Wazen
Lungisa Matshoba
Bradley Wattrus
BOARD MEMBERS AND ADVISORS
Karabo Morule
Cornelia Mueller
Charles Niehaus
Katlego Maphai
Carl Wazen
Bradley Wattrus
Lungisa Matshoba
NUMBER OF EMPLOYEES
51-200
INVESTORS:
Momentum
FUNDED
YES
NUMBER OF FUNDING ROUNDS
4
TOTAL FUNDING
$23 M
DATE OF LAST FUNDING
Sep 2018
IPO STATUS
Private
TOTAL FUNDING COMMENT
The company will use the funds to build up its user base and to add more product features. (Sep. 2018)
ESTIMETED REVENUE RANGE
$1M to $10M
SEED & PRIOR FUNDING
$4 M
SEED CLOSED ON
Jul 2014
FUNDING SERIES
SERIES A · $3 M · Mar 2017
SERIES B · $16 M · Sep 2018
LISTED
NO
company provided insights
Web Traffic
MONTHLY VISITS
100,617
AVERAGE VISITS (6 MONTHS)
121,043.82
MONTHLY VISITS GROWTH
-15.06%
VISIT DURATION
271
VISIT DURATION GROWTH
-16.06%
PAGE VIEWS VISIT
5.19
PAGE VIEWS VISIT GROWTH
1.93%
BOUNCE RATE
50.3%
BOUNCE RATE GROWTH
0.63%
GLOBAL TRAFFIC RANK
250,238
MONTHLY RANK CHANGE
-14,932
MONTHLY RANK GROWTH
-5.63%
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