It was just last month that the great news broke that Paystack, a Nigerian-based fintech that provides payment tools to businesses across Africa raised $8m through Series A Round led by global fintech giants Stripe. Well if you though that was great news then brace yourself because Yoco, a South-African Point-of-Sale provider has just raised $16m in Series B Round led by Partech. Yiisssh! This is exciting for a continent that has long struggled with non-cash payments, and especially as small businesses are now embracing alternative payment methods that are convenient to their customers and their growing businesses.


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