South African payments startup Yoco raises $83M Series C backed by Dragoneer

29 Jul, 2021

South African payments startup Yoco raises $83M Series C backed by Dragoneer
Photo by Blogging Guide on Unsplash

– Yoco, a South African fintech, raised $83m in Series C funding.
– The round was joined by investors Dragoneer Investment Group, Breyer Capital, HOF Capital, The Raba Partnership, 4DX Ventures and TO Ventures; and existing investors Partech, Velocity Capital Fintech Ventures, Orange Ventures and Quona Capital. Current and former executives from global tech companies such as Coinbase, Revolut, Spotify and Gojek took part as well.
– The company plans to scale offline and online offerings and expand to new markets.

FinTech Mobile Payments Payments Point of Sale Small and Medium Businesses Sub-Saharan Africa
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