Yoyo is a South African startup that has been operating since 2007. The company's slogan, "The World's Most Rewarding Buying Experience," reflects its focus on customer loyalty and rewards software solutions for leading retail brands. Yoyo has made significant strides in the retail industry, being integrated into over 200,000 retail lanes across 17,000 stores and boasting more than 5 million monthly active users. This demonstrates the company's strong presence and traction in the market. In terms of investments, Yoyo received a significant boost with a Series A investment on 30 January 2018. This round of funding was backed by notable investors including the Virgin Group and Smollan. The fact that such established entities have chosen to invest in Yoyo underscores the company's potential and value proposition within the Information Technology, Mobile, SaaS, CRM, and Sales industries. Overall, Yoyo's strong market presence, impressive user base, and backing from prominent investors position it as a noteworthy player in the retail tech space with promising growth prospects.
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