LONDON--(BUSINESS WIRE)--Yoyo Wallet (http://yoyowallet.com/) has been ranked by KPMG (https://home.kpmg.com/uk/en/home/about.html) as one of the top 50 emerging companies in the global financial technology space. KPMG’s second annual FinTech 100 examines the best companies of 2015 from 19 different countries, taking advantage of technology in order to drive disruption within the financial services industry.
Yoyo Wallet is the fastest growing mobile wallet in the UK and is already making its way to the US. In just two years since its inception, Yoyo has created a smart wallet platform that enables retailers to not only accept in-store mobile payments, but also automate loyalty, and instantly deliver rewards to customers based on their purchasing habits.
Yoyo’s U.S. expansion comes after a successful $10 million A round that has boosted Yoyo to become the fastest growing mobile wallet in the UK, processing up to 65% of checkouts across participating locations. The company is currently processing 250,000 monthly transactions, making it the second most popular mobile wallet in Britain, trailing only Starbucks’ own platform. Their newly announced partnership with Visa will bring the successful startup to a much larger audience.
“It’s a true honor to be included in such an impressive list with so many successful, up and coming companies,” states Alain Falys, Co-Founder and CEO of Yoyo Wallet. “We always strive to be the best in our industry by integrating both pre and post transaction features, like special offers and points. That way, we can personalize the shopping experience for users, while giving businesses unique insights into their customers. It’s all about added value and not just about mobile payment. This honor is just a small testament to how our hard work has paid off.”
The global FinTech 100 details the top 100 companies who are leaders in their fields. In addition to already established companies, FinTech 100 includes the 50 leading fintech companies from around the world, and highlights the up and coming 50 ‘emerging stars’- exciting new fintech startups with bold, disruptive and industry-changing ideas.
About Yoyo Wallet:
Yoyo Wallet (http://yoyowallet.com/) was founded in 2013 on the principle that there is no fundamental payment problem. Making payments via mobile just for the sake of it adds little to no value to either the retailer or the consumer. Yoyo Wallet believes that we will all use our mobiles to pay in the end, because of the desire for a more personal relationship between retailers, brands, and consumers and a simpler transaction experience that is more than just payment. Yoyo is all about the value added that mobile can unlock for retailers, brands and consumers.
Follow Yoyo Wallet on Facebook (https://www.facebook.com/yoyowallet) and Twitter (https://twitter.com/yoyowallet).