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#BizTrends2023: Innovative payments ecosystems are changing the game for small businesses - Vimarsana News

#BizTrends2023: Innovative payments ecosystems are changing the game for small businesses

While hundreds of companies are cutting ties with Russia, there are some that have decided to stay the course...

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Tish HaridassYoco Capital
South African fintech startup Yoco grows to 120,000 merchants amidst e-commerce surge - Vimarsana News

South African fintech startup Yoco grows to 120,000 merchants amidst e-commerce surge

Share this article Yoco’s digital payments network, which includes point-of-sale card machines, tools to help businesses set up online payments, and credit advance, now serves 120,000 small businesses in South Africa. The milestone comes after the launch of Yoco Neo, a new standalone card machine, in October 2020 on the occasion of Yoco’s fifth anniversary. At the time, the startup had 100,000 merchants. The startup’s growth gives a sense of how the pandemic increased the pace of online commerce and cashless payments in South Africa. Grocery delivery startups like Startup Bottles and Z...