Tech Company Financing Transactions
Yoco Funding Round
Yoco closed a $16 million Series B financing round on 9/6/2018. Backers included Partech Partners and private investors.
Transaction Overview
Company Name
Announced On
9/6/2018
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series B
Investors
Partech Partners (Lead Investor) (Tidjane Deme)
Proceeds Purpose
Yoco will use the $16 million round on product and platform development, growing its distribution channels, and acquiring new talent.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
56 Shortmarket St.
Cape Town Western Cape, 8001
South Africa
Cape Town Western Cape, 8001
South Africa
Phone
Website
Email Address
Overview
Yoco is an African technology company. We create opportunities for entrepreneurs to get paid and be more successful. Every day, we break down barriers and create access so that more businesses can participate in the economy and thrive. We're establishing new markets; building business tools and financial services that work for entrepreneurs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Katlego Maphai
VP - Bus. Development
Carl Wazen
Browse more venture capital transactions:
Prev: 9/6/2018: Fulcrum Therapeutics venture capital transaction
Next: 9/7/2018: Miss Fresh venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs