Katlego Maphai started Yoco with three friends and together this dynamic foursome - backed by a enviably strong team and healthy dose of VC funding - have grown Yoco into one of the most exciting fintech companies on the African continent.
Now Katlego comes to Khayelitsha to talk at the next Heavy Chef event at Bandwidth Barn at Lookout Hill, in the centre of Cape Town’s biggest suburb. The title of the talk is “The Story Of An African Fintech Company.”
Project Director for Heavy Chef, Siyabonga Mbaba Wilson says: “We’re incredibly excited about Katlego coming to eKasi. Katlego’s story is incredibly inspiring, and I’ve followed his story for some time. Somehow, he has managed to rise above the crowd of fintech companies all competing in the space and built a resolute brand that is set to take over the continent. Our community is eager to learn some of the tricks of the entrepreneurial trade. Creating a brand as strong as Yoco’s is very important for entrepreneurs in this day and age.”
“Somehow, Katlego has managed to rise above the crowd of fintech companies all competing in the space and built a resolute brand that is set to take over the continent.”
This event comes on the back of the announcement of Yoco’s latest step in their evolution: Yoco Capital.
“This is an amazing company,” says Heavy Chef founder and CEO Fred Roed. “The last time Katlego spoke on the Heavy Chef stage, in early 2017, Yoco had around 6,000 merchants. Just over one and half years later, they are around 30,000 merchants. This is a world-class business and, if it continues on its current trajectory, could possibly become South Africa’s first tech unicorn.”
Heavy Chef is a platform for entrepreneurs. Siyabonga and the Heavy Chef team invited Katlego to address the audience in Khayelitsha as part of its programme to bridge the inequality gap, and provide world-class learning opportunities to the local entrepreneurs in its community.
Siyabonga continues: “Yoco is an inspirational company, and Katlego is an inspirational leader. I believe we have some of the best, latent entrepreneur talent in the world in our neighbourhood. I can’t wait to hear what Katlego has to share with our community.”
In his own words, Katlego says: “In an economy like South Africa’s, we need to be innovating and “making the pie bigger.” Spending time competing against each other when there are so many other opportunities and problems to be solved doesn’t make sense.”
Book tickets for Katlego’s Heavy Chef presentation on The Story Of African Fintech Company, here.