# Yoco funding: rounds and investors > Yoco has raised $18M across 2 rounds since 2014. Investors include Accion Venture Lab, FMO and Africa Angels Network. Every round with its source. Source: https://millionrounds.com/company/yoco (Millionrounds; every figure on the page links to its filing or article) South Africa · [Series B startup](https://millionrounds.com/companies) # Who invested in *Yoco* 2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Fintech Funding summary Updated 26 Oct 2026 **$18M** raised across 2 rounds since 2014, from 2 sources **$1.6M** Seed **$16M** Series B - **Latest round:** Series B, $16M Sept 2018 - **Step-up i:** 9.7× - **Investors:** 5 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2015 2016 2017 2018 **$1.6M** Seed **$16M** Series B - **First round:** Seed, $1.6M - **Biggest round:** $16M - **Between rounds:** 4.2 years ## The rounds - **Sept 2018** Series B **$16M** *4 new* [Accion Venture Lab](https://millionrounds.com/fund/accion-venture-lab) [FMO](https://millionrounds.com/fund/fmo) [Partech/ Orange Digital](https://millionrounds.com/fund/partech-orange-digital) [Velocity](https://millionrounds.com/fund/velocity) Reported by FinSMEs - **Jul 2014** Seed **$1.6M** *1 new* [Africa Angels Network](https://millionrounds.com/fund/africa-angels-network) From a historical funding record ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2014 **Series B** 2018 [Accion Venture Lab](https://millionrounds.com/fund/accion-venture-lab) [FMO](https://millionrounds.com/fund/fmo) [Africa Angels Network](https://millionrounds.com/fund/africa-angels-network) [Partech/ Orange Digital](https://millionrounds.com/fund/partech-orange-digital) [Velocity](https://millionrounds.com/fund/velocity) ## Everyone who backed them [Accion Venture Lab](https://millionrounds.com/fund/accion-venture-lab) VC firm **1** round [FMO](https://millionrounds.com/fund/fmo) Government **1** round [Africa Angels Network](https://millionrounds.com/fund/africa-angels-network) VC firm **1** round [Partech/ Orange Digital](https://millionrounds.com/fund/partech-orange-digital) Growth equity **1** round [Velocity](https://millionrounds.com/fund/velocity) Accelerator **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=yoco). ## Also claim to have backed them These 2 firms list Yoco as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [4DX Ventures](https://millionrounds.com/fund/4dx-ventures) VC firm Per its own site [CRE Venture Capital](https://millionrounds.com/fund/cre-venture-capital) VC firm Per its own site ## Quick answers about Yoco ### Who invested in Yoco? Yoco's investors include Accion Venture Lab, FMO, Africa Angels Network, Partech/ Orange Digital and Velocity. ### How much has Yoco raised? Yoco has raised $18M across 2 rounds since 2014. ### When did Yoco last raise? Yoco's most recent round was a Series B of $16M in Sept 2018. ### What was Yoco's biggest round? Its most recent round, $16M in Sept 2018, is also its largest on record. ### Who backed Yoco first? Yoco's first round on record, in Jul 2014, was backed by Africa Angels Network. ### What stage is Yoco at? Yoco's latest named round is a Series B, in Sept 2018. ### Where is Yoco based? Yoco is based in South Africa. ## Companies like Yoco In the same sector, and raised in the last eighteen months. [**Kuunda** $13M · Oct 2026](https://millionrounds.com/company/kuunda)[**LittleFish** $9.5M · Mar 2026](https://millionrounds.com/company/littlefish)[**Happy Pay** $6.8M · Mar 2026](https://millionrounds.com/company/happy-pay)[**Orca Fraud** $2.4M · Mar 2026](https://millionrounds.com/company/orca-fraud)[**Talk360** $9.8M · Feb 2026](https://millionrounds.com/company/talk360)[**Lula** $85M · Feb 2026](https://millionrounds.com/company/lula) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app