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South African payments startup Yoco raises $83m Series C

South Africa based payments acceptance startup raised $83m in Series C funding led by Dragoneer.

“We want to offer whatever payment methods our merchants need. And we did start in the in-person payment space, focusing on terminals, which was where the biggest demand was...but the pandemic, which had a devastating effect on so many businesses that relied on in-person trade, accelerated the need for businesses to accept payments online," said Carl Wazen, CBO and co-founder.

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south africa, payments, emerging markets