'15% of businesses had not turned their Yoco devices back on by end of 2020'
16 February 2021 8:09 PM
Small Business Recovery Monitor
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Payments provider Yoco is keeping track of Covid's impact on small businesses. Bruce Whitfield interviews Matt Brownell.
Covid-19 has had a devastating impact on businesses in South Africa, small businesses in particular.
Yoco is keeping track of how turnover has been affected with its Small Business Recovery Monitor.
The fintech startup is the payments provider of 80,000 small businesses across the country.
Yoco's graphs show the ratio between pre-lockdown 2020 revenue and current revenue for these firms.
Image: Yoco Small Business Recovery Monitor