About Yoyo Wallet
Yoyo Wallet is a company based in London (United Kingdom) founded in 2013 by Michael Rolph.. Yoyo Wallet has raised $63.41 million across 6 funding rounds from investors including Telefónica, Western Union and Woodford Investment Management. The company has 65 employees as of January 31, 2020. Yoyo Wallet has completed 2 acquisitions, including Q App and WiGroup International. Yoyo Wallet offers products and services including Yoyo Pro and Yoyo API. Yoyo Wallet operates in a competitive market with competitors including Comviva, Bilt Rewards, Drop, Fetch and Zoop, among others.
- Headquarter London, United Kingdom
- Employees 65 as on 31 Jan, 2020
- Founders Michael Rolph
- Stage Minicorn
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Sectors
TechnologyFinancial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Yoyo Wallet Limited
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Annual Revenue
$4.52 M (USD)18as on Dec 31, 2021
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Net Profit
$-34.71 M (USD)-1456as on Dec 31, 2021
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EBITDA
$-35.45 M (USD)-786as on Dec 31, 2021
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Total Equity Funding
$63.41 M (USD)
in 6 rounds
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Latest Funding Round
$1 M (USD), Series B
May 14, 2020
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Investors
Telefónica
& 16 more
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Employee Count
65
as on Jan 31, 2020
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Investments & Acquisitions
Q App
& 1 more
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Products & Services of Yoyo Wallet
Yoyo Wallet offers a comprehensive portfolio of products and services, including Yoyo Pro and Yoyo API. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Custom branded app for payment, ordering, and customer rewards programs.
API for issuing and redeeming digital gifts at various stores.
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Funding Insights of Yoyo Wallet
Yoyo Wallet has successfully raised a total of $63.41M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $1 million completed in May 2020. 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 Total Funding
- Total Rounds 6
- Last Round Series B — $1.0M
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First Round
First Round
(28 Aug 2013)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Series B - Yoyo Wallet | Valuation |
investors |
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| Oct, 2018 | Amount | Series B - Yoyo Wallet | Valuation |
investors |
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| Jun, 2017 | Amount | Series B - Yoyo Wallet | Valuation | METRO GROUP , HORECA.digital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Yoyo Wallet
Yoyo Wallet has secured backing from 17 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Telefónica, Western Union and Woodford Investment Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage tech-focused VC firm funding companies in the US
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Founded Year | Domain | Location | |
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Investments in startups are focused on Europe and the US.
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Founded Year | Domain | Location | |
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Tech focused VC firm investing in seed stage startups in the UK
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Yoyo Wallet
Yoyo Wallet has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Q App and WiGroup International. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Mobile orders are placed via app at restaurants and venues.
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2013 | ||||
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Illustrated books are published and sold through an online store.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Yoyo Wallet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Yoyo Wallet Comparisons
Competitors of Yoyo Wallet
Yoyo Wallet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Comviva, Bilt Rewards, Drop, Fetch and Zoop, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Software platforms for telecommunications, digital payments, and experiences are provided.
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| domain | founded_year | HQ Location |
Reward-based rental management is facilitated via SaaS for residential properties.
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| domain | founded_year | HQ Location |
Drop is operated as a rewards platform for shopping.
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| domain | founded_year | HQ Location |
Fetch is operated as a rewards app for earning gift cards.
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| domain | founded_year | HQ Location |
White-label payment solutions are provided for branded transaction processing.
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| domain | founded_year | HQ Location |
Card-linked marketing solutions are offered to banks and financial institutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Yoyo Wallet
Frequently Asked Questions about Yoyo Wallet
When was Yoyo Wallet founded?
Yoyo Wallet was founded in 2013.
Where is Yoyo Wallet located?
Yoyo Wallet is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Yoyo Wallet a funded company?
Yoyo Wallet is a funded company, having raised a total of $63.41M across 6 funding rounds to date. The company's 1st funding round was a Series B of $16.2M, raised on Aug 28, 2013.
How many employees does Yoyo Wallet have?
As of Jan 31, 2020, the latest employee count at Yoyo Wallet is 65.
What is the annual revenue of Yoyo Wallet?
Annual revenue of Yoyo Wallet is $4.52M as on Dec 31, 2021.
What does Yoyo Wallet do?
Yoyo Wallet was founded in 2013 in London, United Kingdom, within the fintech sector. A coalition loyalty platform is maintained, integrating payments, personalized coupons, offers, and automatic points collection into a single app. Transactions are processed via one-time QR code scans at merchant stores. Rewards from retailers are accumulated by users, while transaction histories enable tailored marketing campaigns to be delivered.
Who are the top competitors of Yoyo Wallet?
Yoyo Wallet's top competitors include Comviva, Bilt Rewards and Fetch.
What products or services does Yoyo Wallet offer?
Yoyo Wallet offers Yoyo Pro and Yoyo API.
How many acquisitions has Yoyo Wallet made?
Yoyo Wallet has made 2 acquisitions, including Q App, and WiGroup International.
Who are Yoyo Wallet's investors?
Yoyo Wallet has 17 investors. Key investors include Telefónica, Western Union, Woodford Investment Management, Imperial Innovations, and Touchstone Innovations.
What is Yoyo Wallet's valuation?
The valuation of Yoyo Wallet is $41.15M as of May 2020.
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