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Big change at R12.2-billion South African fintech company | SA News


Katlego Maphai has stepped aside as CEO of financial technology company Yoco, and his co-founders Lungisa Matshoba and Bradley Wattrus have taken over as co-CEOs.

“After a decade at the helm, I’ve made the deeply personal decision to step down as CEO of Yoco,” Maphai said.

“Just over ten years ago, three friends and I set out with a simple idea: to make card payments accessible to small businesses in South Africa and beyond.”

Today, Yoco is a household name in South Africa, serving over 200,000 businesses and…

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  2. Fun South African Fact: While the country only covers 1% of the Earth’s land surface, South Africa boasts 10% of the world’s bird, fish and plant species as well as 6% of its mammal and reptile species!