Yoco
Yoco is a South African fintech company providing card machines, point-of-sale systems, and online payment tools for over 200,000 small businesses.
- Founded
- 2015
- Headquarters
- Cape Town, South Africa
- Employees
- 547
- Sector
- Financial Software
About Yoco
Yoco is a technology company focused on financial inclusion for entrepreneurs in South Africa. The firm develops and distributes hardware and software that allow small businesses to accept secure card payments both in-person and online. By breaking down barriers to digital commerce, it helps merchants who were previously underserved by formal financial institutions to participate more fully in the economy.
The company provides a comprehensive ecosystem of tools, including portable card machines, counter point-of-sale systems, and business software for lending and savings. With an annual processing volume exceeding $2 billion, the platform supports various industries such as retail, food and beverage, and health services through its integrated digital commerce platform.
What they do
Yoco develops mobile card readers and point-of-sale software that enable small businesses to process secure digital payments. The company also offers business tools including capital lending, automated loyalty programs, and financial tracking software.
Highlights
- Serves a network of over 200,000 active small business merchants.
- Processes an annual transaction volume of more than $2 billion through its platform.
- Acquired Nona Digital in 2022 to expand its engineering and product capabilities.
- Recognized as one of CNBC's Top 250 innovative fintech companies in 2024.
- Maintains a global workforce distributed across 16 countries including the Netherlands and UK.
- Offers a mobile 'Tap to Pay' feature specifically for contactless payments on iPhone.
Talent and hiring
The company employs professionals in technical, sales, finance, marketing, and product operations roles across its South African and international locations.
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