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SA Fintech Start-Up Yoco Acquires Software Development Agency Nona Digital

SA Fintech Start-Up Yoco Acquires Software Development Agency Nona Digital. It has been reported that Yoco SA has acquired software development startup Nona Digital for an undisclosed amount. This acquisition will lead Yoco into its expansion into providing SMMEs with more products that will help the startups grow.

Nona Digital is an expert FinTech software consultancy. It designs and builds intuitive, scalable FinTech software for companies around the world. The company conducts itself and delivers value with a level of care and excellence that is rare and difficult to match. It has garnered considerable expertise and experience in the FinTech space with a particular depth in Blockchain product development and continue to work with some of the global leaders as a preferred software expert across consultation, design, and development.

Yoco is an African technology company that creates opportunities for entrepreneurs to get paid and be more successful. Every day, it breaks down barriers and create access so that more businesses can participate in the economy and thrive. The company is establishing new markets; building business tools and financial services that work for entrepreneurs. It is making payments accessible for small businesses – often for the first time. So far, 200 000 small businesses have chosen Yoco as their payments partner as the company works with entrepreneurs of all sizes and industries, from coffee shops to street vendors, from drop-shippers to hair stylists.

Yoco has managed to raise over $100M from some of the world’s leading technology investors, who have backed companies like Nubank, Square and Stone and now it has grown to the point where it is able to make key strategic acquisitions so that it can grow even further. This acquisition means that Yoco will be exposed to more resources that it can use to optimise its products. It will also lead the company to bring more innovative solutions for small businesses.

By Thomas Chiothamisi
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