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Yoco Raises $16m Series B

Cape Town based point-of-sale payments startup has secured $16m in Series B financing, led by Partech.

Yoco will leverage its Series B to grow its network of small business merchants, invest in product development, operational scalability and attracting top-tier fintech talent. It brings the company’s total investment to US$23M. Cyril Collon, General Partner at Partech and Co-lead of the Partech Africa Fund will join Yoco’s Board.

Tags

financings, payments