Yoco

Yoco is a payments and software startup that offers small businesses in South Africa an easy way to take card payments. Since debuting in late 2015, Yoco has evolved into the largest independent point-of-sale payments provider in the market, with a merchant base of over 60,000 (in November 2019), 75 percent of which had never accepted cards before. In 2017, Yoco expanded their product offering by developing a point-of-sale application for independent stores and a working capital product whereby merchants may acquire a cash advance instantaneously. It has also worked with accounting software supplier Xero and point of sale companies Vend and iKentoo to offer its merchants a completely integrated experience. The corporation has lately began expanding into Sub-saharan Africa.