Meet YOCO point of sale device Founders

0

Katlego Maphai – Chief Executive Officer (CEO)

Katlego Maphai, is the Yoco Co-Founder and CEO, a South African based point-of-sale payments venture that is reducing the complexity in processing payments for small and medium-sized businesses (SMEs) in South Africa.

Katlego was born to academic parents in Johannesburg in 1983, their work took the young Maphai from Soweto to Cape Town, Cambridge, Princeton, Palo Alto, Pretoria and eventually back to Cape Town.

He studied Business Science at the University of Cape Town, majoring in Information Systems. He went on to work for Accenture, working in the Communications and Hi-Tech industry practice. Katlego later moved to TMT Advisory and Investment firm in Delta Partners. It was here that Maphai met Carl Wazen.

After returning to Cape Town in 2012, Maphai joined Rocket Internet; as part of the core team that set up Jumia.com.ng in Nigeria, it was here that he met and worked with Bradley Wattrus.

After approaching his childhood friend, Lungisa Matshoba the foursome of Maphai, Wazen, Wattrus and
Matshoba began looking for a business model that attracted them. The decision came after seeing the way companies like Square in the US managed to transform the way even the smallest of businesses accepted payments and ran their business.

Lungisa Matshoba – Chief Technology Officer (CTO)

Lungisa Matshoba is the Co-Founder and CTO at Yoco, a South African based payments and pointof-sale startup that is reducing the complexity in processing payments for small and medium-sized
businesses (SMEs) in South Africa.

Matshoba was born to a parental duo of medical doctors in the Eastern Cape city of Umtata and grew
up in equal parts between the Eastern and Western Cape.

At the age of 13 Lungisa started his first business printing business cards. He studied Business Science at the University of South Africa.

After which he went on to co-found Yeigo Communications, a mobile VoIP venture. He continued to
develop the product until 2012, when Katlego Maphai approached him to become the fourth member of Yoco.

Carl Wazen – Chief Business Officer (CBO)

Carl Wazen is a Co-founder and CBO of Yoco, a South African based point-of-sale payments startup that is reducing the complexity in processing payments for small and medium-sized businesses (SMEs) in South Africa.

Wazen was born in London in 1985 to Lebanese parents and spent his childhood between London and Beirut. He graduated from the American University of Beirut with a business degree at only 19. He went on to work for Citigroup investment bank in Dubai. After which he moved to Delta Partners, which he helped grow from a team of 10 to a global consulting and investment firm of over 200 professionals with six offices globally.

He was sent to South Africa to work on a project as part of the re-launch, where he met future Yoco Co-founder and CEO Katlego Maphai.

After a few more years of consulting work across Africa, Wazen grew tired of the corporate world and began thinking seriously about the next step.

A conversation with Maphai while on holiday in Cape Town in 2012, planted the seed for a venture together and they agreed to resign from their jobs and move to pursue this.

Bradley Wattrus – Yoco Chief Financial Officer (CFO)

Bradley Wattrus, is the Co-Founder and CFO of Yoco, a South African based payments and point-ofsale start-up that is reducing the complexity in processing payments for small and medium-sized businesses (SMEs) in South Africa.

Wattrus was raised in Johannesburg by parents who both worked in the technology sector. He studied Actuarial Science at the University of Witwatersrand in Johannesburg.

After graduating, Wattrus joined Monitor Group, before seizing the opportunity to join Rocket Internet. Where he met and worked with Katlego Maphai while
setting up Jumia.com.ng in Nigeria.

After returning to Cape Town, Wattrus reconnected with Maphai and met Carl Wazen.

Yoco Founders

Share.

About Author

Bontle Moeng is the Founder and Managing Director of BizNis Africa. Moeng has spent 16 years working in the digital and online media industry across Africa. She applied her trade at True Love magazine prior to discovering her passion for Investment news in key sectors across Africa. Moeng previously worked for ITWeb, Starfish Mobile Technologies, ITNewsAfrica, AVATAR Agency, eNitiate, Global Interface Consulting and Havas Johannesburg. Her primary focus is to provide solid and valuable content on investment opportunities for the ICT, Energy and Mining sectors across Africa. In addition, the online news publication assists global companies to expand their presence in Africa. Email: news@biznisafrica.co.za

Leave A Reply