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SA Fintech Start-Up Yoco Announces Its Partnership With Laduma Ngxokolo

SA Fintech Start-Up Yoco Announces Its Partnership With Laduma Ngxokolo. South African fintech startup, Yoco took to Twitter to announce that it has partnered with founder of MaXhosa Africa, Laduma Ngxokolo on order to create an exclusive Limited edition #YocoXLaduma Khumo card machines, with Laduma’s print designs that will be launched on the 22nd of June 2022.

The post read, “For creatives to transfer their creativity to society, it has to be an easy process” – @LadumaNgxokolo founder of @MaXhosaAfrica. We agree and that’s why we’ve collaborated on a range of limited edition #YocoXLaduma Khumo card machines. Join the waitlist https://t.co/XM3HbUz3Aw https://t.co/6BZvMjNKPE” This collaboration platform also aims to break down barriers between its technology and the creators that use it. This is the company’s very first collab and it is with iconic founder and Chief Creative Officer of MaXhosa Africa, Laduma Ngxokolo, this has made him the first person to create a signature Yoco card machine.

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. It is also establishing new markets; building business tools and financial services that work for entrepreneurs. Through this the company is making payments accessible for small businesses – often for the first time. It has managed to raise over $100M from some of the world’s leading technology investors, who have backed companies like Nubank, Square and Stone.

Laduma said in a statement, “For creatives to transfer their creativity to society, it has to be an easy process. The passion for design and fashion started way back when I was 15 years old, when my late mother was alive and we had early aspirations of becoming design entrepreneurs. What attracted me to collaborate with Yoco was, for a lot of years, creatives have been struggling to collect income from consumers, tech innovations are the ones that make it easy in order for their businesses to thrive and become successful. Yoco has done good business if entrepreneurs are successful, seeing where we are right now it only makes sense.”

By Thomas Chiothamisi
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