About Yoco
Yoco is a Financial Services company based in Cape Town (South Africa) founded in 2015 by Lungisa Matshoba, Carl Wazen, Bradley Wattrus, and Katlego Maphai. Payment processing solutions are offered to businesses and merchants. Yoco has raised $102 million across 6 funding rounds from investors including Accion, Partech Partners and Quona. Yoco has completed 1 acquisition, including NONA. Its chief executive, as recorded, is Katlego Maphai. Its website yoco.com draws about 1.4 million monthly visits. Its focus areas include FinTech, Payments, Business Payments and Diversified.
Company details
Yoco was founded in 2015 in Cape Town, South Africa, within the fintech sector. Payment processing services are provided, including NFC-enabled card machines, hardware-based devices, payment gateways, and link-based payments. An app-based platform is available for sales management and performance tracking on iOS and Android devices. Operations focus on supporting merchants across the region with integrated financial tools.
- Headquarters Cape Town, South Africa
- Founders Lungisa Matshoba, Carl Wazen, Bradley Wattrus, Katlego Maphai
- SectorsFinancial Services
- Website category Computers Electronics and Technology · Programming and Developer Software
- Email••••••••
- Phone•••• ••••
- Website yoco.com/za
- Social LinkedIn X Facebook
Funding Insights of Yoco
Yoco has successfully raised a total of $102M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $100 million completed in November 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $102M
- Total Rounds 6
- Last Round Debt – Conventional — $100M
- Investors Count 14
All 6 funding rounds of Yoco with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2026 | $100M | Debt – Conventional | – | – | |
| Nov 2026 | $100M | Debt – Conventional | – | – | |
| Jul 2021 | $83M | Series C | – | The Raba Partnership, 4DX Ventures | |
| Sep 2018 | $16M | Series B | – | Partech Partners, Velocity Capital Fintech Ventures | |
| Mar 2017 | $3M | Series A | – | Quona, Velocity Capital Fintech Ventures | – |
| Jun 2015 | Seed | – | VentureSouq | – |
14 investors in total: 14 institutional.
Investors in Yoco
Yoco has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Accion, Partech Partners and Quona.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in tech sectors | rabacap.com | Nairobi, Kenya | ||
Early-stage investments in technology companies are targeted by 4DX Ventures. | 4dxventures.com | Accra, Ghana | ||
Venture capital is provided to global tech startups and scale-ups. | 1982 | partechpartners.com | Paris, France | |
Fintech companies are funded by Velocity Capital Fintech Ventures. | velocityfintech.com | Bussum, Netherlands | ||
Fintech investments focused on financial inclusion and global economic growth. | 2015 | quona.com | ||
Private equity investments are made in technology-enabled growth companies. | dragoneer.com | San Francisco, United States | ||
Venture capital firm | breyercapital.com | Menlo Park, United States | ||
Investments are directed toward startups and early-stage companies. | ventures.orange.com | Paris, France | ||
HOF Capital is engaged in venture capital investments. | hofcapital.com | New York, United States | ||
Development financing is provided for entrepreneurial ventures in emerging markets. | 1970 | fmo.nl | The Hague, Netherlands |
Investor details for Yoco
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Yoco
71 people are tracked at Yoco (17 in leadership, 54 in team).
| Name | Role | Group |
|---|---|---|
Lungisa Matshoba | Co-Founder | Leadership |
Carl Wazen | Co-Founder | Leadership |
Bradley Wattrus | Co-Founder | Leadership |
Katlego Maphai | Co-Founder & CEO | Leadership |
Andrew Snowden | Head of Application Engineering | Leadership |
Carlo du Toit | Associate Engineering Director | Leadership |
Sonam Bechoo | Head Of Financial Control | Leadership |
Marcello Schermer | Head of International Expansion | Leadership |
Lee Russell Burningham | Head Of IT Operations | Leadership |
Ed O'Reilly | Head Of Capability - Technology | Leadership |
James Kramer | Director Of Risk | Leadership |
Eugene Coetzee | Director Of Engineering | Leadership |
Amilah Costandius Ca | Chief Of Staff | Leadership |
Laurelle Sham | Head Of Legal | Leadership |
Werner Kruger | VP Of Data | Leadership |
Ronald Makomba | Head Of Outbound | Leadership |
Lena Smith | Head Of Retail | Leadership |
Walter van Wyk | Senior Engineering Manager | Team |
Martin McCabe | Staff Software Engineer, Front-end | Team |
Jared D. | Finance @ Yoco | Team |
51 more people are available in the full profile.
Complete people profiles for Yoco
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Yoco
Yoco has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include NONA.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
NONA is engaged in providing digital work services. | nona.digital | Cape Town, South Africa | 2012 | Mar 2022 | •••• |
Complete acquisition details for Yoco
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Timeline of Yoco
4 dated milestones of Yoco across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Yoco is founded.
- Funding First funding round.
- Acquisition Acquires NONA.
- Funding Latest funding round, Debt – Conventional, of $100.0M.
Web traffic of Yoco
The website of Yoco (yoco.com) receives about 1.4M visits a month and ranks #30,959 among all websites worldwide, #3,875 in Programming and Developer Software.
- Monthly visits1.4M
▲ 8.7% vs previous month
- Unique visitors536.8K
per month
- Global rank#30,959
among all websites
- Category rank#3,875
Computers Electronics and Technology · Programming and Developer Software
- Bounce rate17%
- Pages per visit6.3
- Average visit2 min 29 sec
- DevicesDesktop 37% · Mobile 64%
Websites whose visitors overlap most with Yoco. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| github.com | 100% | 542.6M | #65 | View details | |
ilovepdf.com | ilovepdf.com | 99% | #124 | – | |
bizportal.gov.za | bizportal.gov.za | 95% | #33,927 | – | |
| trello.com | 95% | 77.5M | #491 | View details | |
| miro.com | 92% | 29.8M | #2,113 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Yoco
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Related news about Yoco
Complete news archive for Yoco
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Frequently Asked Questions about Yoco
Yoco was founded in 2015.
Yoco is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Katlego Maphai is the CEO of Yoco, as recorded in our data. They have also founded this company.
Yoco is a funded company, having raised a total of $102M across 6 funding rounds to date.
Yoco was founded in 2015 in Cape Town, South Africa, within the fintech sector. Payment processing services are provided, including NFC-enabled card machines, hardware-based devices, payment gateways, and link-based payments. An app-based platform is available for sales management and performance tracking on iOS and Android devices. Operations focus on supporting merchants across the region with integrated financial tools.
Yoco has made 1 acquisition, including NONA.
Yoco has 14 investors. Key investors include Accion, Partech Partners, Quona, Futuregrowth, and FMO.
The website of Yoco receives about 1.4 million visits a month and ranks #30,959 among all websites worldwide.