Yoco

paymentspos/mobile pos

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:

Accion

CRE Venture Capital

FMO

Futuregrowth

Globivest

Greyhound Capital

Hard Yaka

Orange

PAR Technology Corp

Partech

Quona Capital

Velocity Capital Private Equity

Venture Souq

Futuregrowth Asset Management

Orange Ventures

Geoffrey D Fink

Jean-Pierre Mondalek

Kai-Uwe Ricke

Nicholas Cooper

Wissam Otaky

Robby Hilkowitz

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

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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