[New post] South African startup Yoco raises US$83M in Series C funding round

TechGist Africa posted: " Yoco, a payments and software startup based in South Africa, has raised US$83 million in Series C funding to help it grow its platform, expand into new regions, and extend its offline and online products. Yoco has established itself as the go-t" New post on FurtherAfrica South African startup Yoco raises US$83M in Series C funding round by TechGist Africa Yoco, a payments and software startup based in South Africa, has raised US$83 million in Series C funding to help it grow its platform, expand into new regions, and extend its offline and online products. Yoco has established itself as the go-to platform for offline payments among merchants in the country since its launch in 2013. Yoco creates tools and services to assist small businesses with accepting credit card payments in-store and online, obtaining loans, and managing their day-to-day operations. Yoco is a payment solution provider for over 150,000 businesses in South Africa, handling over $1 billion in card payments annually. Dragoneer Investment Group, which has previously funded fintech titans like Chime, Nubank, Mercado Libre, Square, and Klarna, is one of the company's new investors. Breyer Capital, HOF Capital, The Raba Partnership, 4DX Ventures, TO Ventures, and other current and former executives from global digital companies like Coinbase, Revolut, Spotify, and Gojek are also participating in the round. Also read: South African fintech start-up Yoco growing to 120,000 merchants as e-commerce grows Continue reading "South African startup Yoco raises US$83M in Series C funding round" TechGist Africa | July 29, 2021 at 6:20 am | Tags: 4DX Ventures, African startups, Breyer Capital, Chime, Coinbase, digital economy, digital money, digital payment, Dragoneer Investment Group, fintech, funding round, Gojek, HOF Capital, Klarna, Mercado Libre, Mobile Money, Nubank, Orange Ventures, Partech, Quona Capital, Revolut, Series C, Series C funding round, South African startup Yoco raises US$83M in Series C funding round, Spotify, Square, Startup, The Raba Partnership, TO Ventures, Velocity Capital Fintech Ventures, venture capital, Yoco, Yoco Go | Categories: Africa, Finance, Fintech, Mobile, South Africa, Startup, Venture Capital | URL: https://wp.me/p6zXGE-9U4 Comment    See all comments Unsubscribe to no longer receive posts from FurtherAfrica. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://furtherafrica.com/2021/07/29/south-african-startup-yoco-raises-us83m-in-series-c-funding-round/