Through Yoco, a South African payments company, he aims to simplify processes for businesses and offer tools to boost their growth.  

Katlego Maphai (photo), a South African tech entrepreneur and University of Cape Town graduate, is the co-founder and CEO of Yoco, a fintech company established in 2013 and officially launched in 2015. Yoco aims to empower entrepreneurs by providing them with innovative business tools and financial services, thereby creating new markets and avenues for success.

Yoco provides small businesses with accessible payment solutions through its Yoco App. This app enables businesses to track payments, monitor sales, and send invoices directly from their smartphones. Additionally, Yoco offers a card dispenser that can be integrated with a tablet to enhance business sales processes.

“Micro and small businesses make up the majority of businesses that drive the majority of employment in the country and contribute at least half of the GDP. And they’re just not being looked after. We just realized that we could have the highest impact on these customers, and founded the company in 2013. But we actually only launched at the end of 2015,” Maphai explained in 2022.

The tech entrepreneur embarked on his professional journey in 2003 as an intern at PricewaterhouseCoopers (PwC). He later served as a consultant at Accenture, a business services and consulting firm, in 2006. In 2008, he joined Delta Partners Group, a telecommunications consulting, corporate finance, and private equity firm. By 2012, he was part of the corporate development team at Rocket Internet, a venture capital firm and online startup incubator.

Melchior Koba