Yoco says it's disbursed R2bn to 50 000 businesses through cash advances
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With one-in-five vehicles on South African roads fitted with locally produced Dunlop tyres, the tyre manufacturer is forging ahead with a multi-billion-rand investment project backed by its Japan-based parent company, Sumitomo Rubber Industries (SRI)...
Yoco, a leading local payments platform, has disbursed R2 billion to over 50,000 merchants and is looking ahead to other ways they can empower and encourage business owners to pursue growth. At its inception, Yoco Capital was one of only a few solutions available to small business owners for injecting finance into their operations.
The firm reaches a customer base of 350 000 merchants, as demand for its payment devices grows across SA.
The future of Africa lies with our children. Yet a child born here is 14 times more likely to die before the age of five than if they had been born in a developed country...