PYMNTS-MonitorEdge-May-2024

Yoco

Today in FinTech: Ola Buys Digital Bank; Alt Finance Needs Stronger ID Security
Today in FinTech: Ola Buys Digital Bank; Alt Finance Needs Stronger ID Security
March 25, 2022  |  Technology

In today’s FinTech news, ride-hail firm Ola acquires challenger bank Avail Finance, while Relay Payments launches a payments solution for the fleet industry. Plus, a...

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Tailored Payments Solutions Unlock Growth for Underserved Self-Employed Segment in Africa
Tailored Payments Solutions Unlock Growth for Underserved Self-Employed Segment in Africa
March 25, 2022  |  Financial Inclusion

Small- to medium-sized businesses (SMBs) and entrepreneurs play a critical role in the overall development of most economies, particularly in emerging regions like Africa. Findings...

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EMEA Daily: US, EU Officials Talk Tech Regs in Pittsburgh; UK Commercial FinTech OakNorth Valued at $5B
EMEA Daily: US, EU Officials Talk Tech Regs in Pittsburgh; UK Commercial FinTech OakNorth Valued...
September 29, 2021  |  International

In today’s top Europe, the Middle East and Africa (EMEA) news, U.S. and EU officials met in Pittsburgh to discuss technology regulation, while U.K. commercial...

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Close To 6M Merchants in South Africa Still Transact Only in Cash, Says Yoco’s Carl Wazen
Close To 6M Merchants in South Africa Still Transact Only in Cash, Says Yoco’s Carl...
September 29, 2021  |  Cash

Card acceptance in South Africa has doubled over the last six years. That’s the good news. The bad news is that moving card acceptance from...

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South African SMB Payments Platform Yoco Nets $83M For Expansion
South African SMB Payments Platform Yoco Nets $83M For Expansion
July 27, 2021  |  Investments

South African payments company Yoco has raised $83 million in a Series C funding round, according to a company blog post. The company said in...

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B2B Venture Capitalists Have Their Heads In The Cloud
B2B Venture Capitalists Have Their Heads In The Cloud
September 14, 2018  |  B2B Payments

The cloud is nowhere near a “new” technology, but it did take the enterprise a few years to trust the tool — particularly amid the...

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In Africa, Yoco Powers SMES Beyond Cash-Based Commerce
In Africa, Yoco Powers SMES Beyond Cash-Based Commerce
September 11, 2018  |  Point of Sale

In Africa, small to mid-sized enterprises are an engine of the overall economy. As noted on the International Trade Centre’s website, more than 70 percent...

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FinTech Startup Is Toppling Cash King In South Africa With mPOS
FinTech Startup Is Toppling Cash King In South Africa With mPOS
October 16, 2017  |  Retail

In South Africa, where cash still reigns and there are few signs of merchants and consumers moving away from paper and coin payments, small- and medium-sized...

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