Since 2018, we’ve helped distribute over R6.5 billion in working capital to more than 40,000 independent businesses through our partners. Now we have an opportunity to do even more.
Yoco retweeted
1/ A truly special day! Since 2018, we’ve helped distribute over R6.5 billion in working capital to more than 40,000 independent businesses through our partners. Now, with this $100 million facility, we have an opportunity to do even more.
Yoco retweeted
For entrepreneurs, by entrepreneurs ✊
Yoco retweeted
South African fintech Yoco secures $100 million to expand working capital access for small businesses!
The $100 million credit facility from Victory Park Capital (VPC) will help @Yoco_ZA scale its embedded financing solution, Yoco Capital, extending funding opportunities to more of the 200,000+ businesses using its platform across South Africa.
Having facilitated over R6.5 billion in cash advances to 40,000+ businesses since 2018, Yoco is strengthening its role in addressing South Africa's estimated R350 billion SME financing gap through accessible, data-driven financing.
The investment highlights the growing potential of embedded finance to bridge funding gaps and empower small businesses across Africa.
Learn more: yoco.com/za/blog/yoco-secure…
#AfricaFintech #Yoco #SMEFinance #EmbeddedFinance #FinancialInclusion
Yoco retweeted
The South African digital-commerce company @Yoco_ZA Technologies has secured a $100 million (R1.6 billion) credit facility from Victory Park Capital Advisors, backed by private equity giant TPG, to help support its network of merchants.
Yoco will use the money for finance and cash advances to its customers, Chief Executive Officer Carsten Höltkemeyer said.
Yoco retweeted
Thank you to Victory Park Capital for backing us. Thank you to @LoniPrinsloo1 at Bloomberg for telling the story.
And thank you to the Yoco Capital team, and everyone in legal, finance, marketing, product & engineering who got this over the line. It's hard and important work!
Yoco retweeted
3/ Plenty of owners don’t know how much capital is safe to take on. Plenty don’t want to ask and hear no! So we turned it around. The funding comes to you. Pre-approved, based on your real sales. Instantly in your account when you say yes.
Yoco retweeted
2/ But here’s why this really matters:
Tumelo runs her business on her own. She can’t just leave her clients to go and look for funding. No one has time for that.
So with Yoco Capital, she doesn’t have to. The offer simply shows up in her Yoco app.
And she’s not alone.
Yoco retweeted
Yoco built the payment infrastructure for businesses and now they are providing credit. A perfect Fintech ecosystem.👌🏾
Here’s how Yoco Capital works:
• Pre-approved offers based on real sales data.
• Cash advances from R2,000 to R1.5 million.
• One-click acceptance, with funds available instantly.
• Repayments through small deductions from daily sales.
Since 2018, we’ve helped distribute over R6.5 billion to more than 40,000 businesses through our funding partners.
Start growing with #YocoCapital here bit.ly/4iAJoxl
This $100 million facility gives Yoco direct control of funding at scale for the first time, helping us expand access and build better funding solutions around how independent businesses actually trade.
From stocking up for busy season to hiring staff, upgrading equipment or opening another location, the goal is to put working capital in merchants’ hands when they need it.
Read more in Bloomberg: bloomberg.com/news/articles/… #YocoCapital
Yoco retweeted
Yoco, a South African fintech, has secured a $100 million credit facility from US investment firm Victory Park Capital to expand its small-business lending operation and take greater control of the financing offered through its payments platform.
The deal marks a new phase for Yoco Capital, which has advanced more than R6.5 billion ($395 million) to over 40,000 merchants since 2018, working with specialist credit providers. The new facility is expected to give Yoco greater control over the pricing and risk of its merchant loans as it scales the business.
Click the link to read : techcabal.com/2026/11/09/yoc…
#Fintech #TechCabal
Yoco retweeted
South African digital-commerce company Yoco secures a $100 million credit facility from Victory Park bloomberg.com/news/articles/…
Yoco retweeted
Gauteng is still building.💪 40% of SA's independent businesses using Yoco are in Gauteng. More than the Western Cape and KZN combined.
We looked at data from 80,000+ Yoco independent businesses in the province. What it shows changes where you should be looking. A thread 🧵
Yoco retweeted
Your edge isn't a famous address. It's the people within reach who choose you again and again.
Across SA, half of food and beverage revenue comes from returning customers. Those who join a loyalty programme come back about twice as often.
Regulars are half the business. Get Loyalty for your business powered by Yoco bit.ly/4sBDGyA