Yoco

Yoco

Yoco is a company founded by Lungisa Matshoba, Katlego Maphai, Bradley Wattrus and Carl Wazen.

Yoco is a South African fintech company and a payments and Point of Sale provider based in Cape Town, South Africa.

History

Yoco was founded in 2015 by Katlego Maphai (CEO), Carl Wazen, Bradley Wattrus and Lungisa Matshoba, with the aim of enabling small businesses to securely accept card payments.

The company has raised $23 million from a range of international and local investors.

The company is processing about $280 million in annualized payment volume for around 30,000 businesses, and has around 110 staff members and in the next two years the company plans to add another 50 staff members.

History

Yoco was founded in 2015 by Katlego Maphai (CEO), Carl Wazen, Bradley Wattrus and Lungisa Matshoba, with the aim of enabling small businesses to securely accept card payments.

The company has raised US$23-million from a range of international and local investors.

Yoco is considered as South Africa’s largest and fastest growing independent card payments provider by number of merchants.

Timeline

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Yoco funding round, September 2018
Series B round
16,000,000
September 2018
Partech Ventures
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People

Name
Role
LinkedIn

Alice Cumming

Employee

Altus van der Merwe

Employee

Andrew Snowden

Employee

Bradley Wattrus

Founder

Carl Wazen

Founder

Charles Niehaus

Advisor

Craig Wattrus

Employee

Cristina Mangas

Employee

Donovan Stoop

Employee

Elias Wehbe

Investor

Florian Aigrain

Investor

Karabo Morule

Advisor

Katlego Maphai

Founder

Kurt Kruger

Employee

Lauren Naylor

Employee

Lauren Selig

Investor

Lauren Woolley

Employee

Lee-Ann Fredericks

Employee

Luana Jordaan

Employee

Luke Henkeman

Investor

Lungisa Matshoba

Founder

Marine Jouaillec

Employee

Maya Liepaz

Employee

Nathan Kettles

Employee

Neo Ntsobe

Employee

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Date
Link

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CEO
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