Lungisa Matshoba

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Lungisa Matshoba
Lungisa Matshoba.jpeg
Lungisa Matshoba. Image retrieved from South African Coffee Leader Summit from on 23 August, 2021.
Born
South Africa
NationalitySouth African
Alma materUniversity of Cape Town
OccupationEntrepreneur
Known forBeing the Co-founder & CTO of Yoco
WebsiteLinkedIn

Editor: Charissa Cassels

Lungisa Matshoba is the Co-Founder and Chief Technology Officer at Yoco,[1] an African technology company that builds tools and services to assist small businesses in getting paid.[2] He co-founded the company together with Katlego Maphai who is also the company’s CEO,[3] Carl Wazen, Co-Founder and Chief Business Officer,[4] and Bradley Wattrus, Co-Founder and Chief Financial Officer.[5]

History

The entrepreneur was born in East London, Eastern Cape in South Africa.[6][7]

He is a Harambean[8] meaning that as an African innovator he has pledged to work together with other Harambeans to unlock Africa’s potential.[9] Additionally he is an alumnus of the Global Shapers Community,[10] a network of young people driving dialogue, action and change.[11]

Matshoba is an Endeavor Entrepreneur,[12] meaning that he transforms the economy, fuels job creation and inspires the future generation of leaders.[13]

Education

Matshoba attended Stirling High School and matriculated in 2001. He completed his Bachelor of Business Science degree in Computer Science from 2002 to 2005 at the University of Cape Town, South Africa.[14]

Career

He was the co-founder of Yeigo Communications Pty Ltd from August 2005 to September 2012.[15] Yeigo was South Africa’s first free VoIP mobile services provider but was later sold to a Swiss brand, Telfree.[16] VoIP stands for Voice over Internet Protocol and simply means that a telephone call is made over the internet as opposed to using copper phone lines. It is cheaper as pricing is not dependant on the distance that the call needs to be made over.[17] He co-founded Yeigo together with entrepreneur, Rapelang Rabana.[18] Yeigo is a Navajo word that means “with spirit”.[19]

He has worked with the cloud-based Accounting tool, Xero.[20]

In February 2013 he became the Co-Founder of Yoco in Cape Town and still occupies this position.[21]

Awards and Achievements

Matshoba was a speaker at the Mobile Web Africa Conference that was held from 13 to 14 October 2009 in Johannesburg, South Africa. He spoke at this event in his capacity as co-founder of Yeigo.[22]

In March 2016, Matshoba was one of the panellists at the Nest’s monthly entrepreneurship speaker series and showcase titled #WhatsNext. This was the first Nest event that was hosted in Southern Africa and was in partnership with Standard Bank and supported by iAfrikan and the African Tech Round-Up.[23]

Investec together with its partners, The Entrepreneurship Development Trust and E-nnovate, selected Matshoba as one of the tech entrepreneurs across South Africa to participate in a one-week exploratory business trip to Silicon Valley in May, 2016.[24]

On 15 June, 2016, Vodacom listed Matshoba as one of South Africa’s Young Tech Innovators Under 35.[25]

He was a speaker at the Allegra Coffee Leader Summit South Africa in 2019,[26] an exclusive gathering of senior executives and influencers from across the South African coffee, cafe and food-to-go sectors.[27]

Matshoba was the keynote speaker for Black History Month that aired on 07 October, 2020 on Cloudflare tv.[28]

He was a speaker at the 06 July, 2021 Meetup for the Tech Leadership Meetup,[29] a community of longtime, new and aspiring technology leaders who aim to help each other through conversation and sharing ideas.[30]

References

  1. SA’s Yoco launches free point of sale solution for SMEs - Disrupt Africa. Retrieved 16 August, 2021.
  2. Yoco - LinkedIn. Retrieved 23 August, 2021.
  3. The journey so far: Katlego Maphai, co-founder and CEO, Yoco - How we made it in Africa. Retrieved 23 August, 2021.
  4. An interview with Carl Wazen, Co-founder and Chief Business Officer of Yoco - Business Insider Africa. Retrieved 23 August, 2021.
  5. Bradley Wattrus - Crunch Base. Retrieved 23 August, 2021.
  6. The Cash-Strapped Entrepreneur With His Head In The Clouds - Forbes Africa. Retrieved 16 August, 2021.
  7. LUNGISA MATSHOBA, H’14 - Harambeans. Retrieved 16 August, 2021.
  8. LUNGISA MATSHOBA, H’14 - Harambeans. Retrieved 16 August, 2021.
  9. About Us - Harambean. Retrieved 23 August, 2021.
  10. Lungisa Matshoba - World Economic Forum. Retrieved 16 August, 2021.
  11. About Us - Global Shapers. Retrieved 23 August, 2021.
  12. Yoco - Partech. Retrieved 16 August, 2021.
  13. Entrepreneurs - Endeavor. Retrieved 23 August, 2021.
  14. Lungisa Matshoba - LinkedIn. Retrieved 16 August, 2021.
  15. Lungisa Matshoba - LinkedIn. Retrieved 16 August, 2021.
  16. LUNGISA MATSHOBA, H’14 - Harambeans. Retrieved 16 August, 2021.
  17. The Cash-Strapped Entrepreneur With His Head In The Clouds - Forbes Africa. Retrieved 16 August, 2021.
  18. Fintech Startup Yoco Is Making Payments In South Africa Go Mobile - Forbes. Retrieved 19 August, 2021.
  19. The Cash-Strapped Entrepreneur With His Head In The Clouds - Forbes Africa. Retrieved 16 August, 2021.
  20. Fintech Startup Yoco Is Making Payments In South Africa Go Mobile - Forbes. Retrieved 19 August, 2021.
  21. Lungisa Matchoba - LinkedIn. Retrieved 16 August, 2021.
  22. Top speakers for Mobile Web Africa conference - Bizcommunity. Retrieved 16 August, 2021.
  23. 49: Will These FinTech Startups Disrupt Incumbents? - African Tech Roundup. Retrieved 19 August, 2021.
  24. Investec dedicated to growing SA economy through entrepreneur development - Investec. Retrieved 19 August, 2021.
  25. South Africa’s Young Tech Innovators - Vodacom. Retrieved 19 August, 2021.
  26. Lungisa Matshoba - Allegra Coffee Leader Summit South Africa. Retrieved 16 August, 2021.
  27. About - South African Coffee Leader Summit. Retrieved 23 August, 2021.
  28. Lungisa Matshoba, Founder and CTO of Yoco — Black History Month Keynote Speaker - Cloudflare tv. Retrieved 16 August, 2021.
  29. Tech Leadership Meetup with Lungisa Matshoba (CTO Yoco) - Meetup. Retrieved 16 August, 2021.
  30. What We’re About - Meetup. Retrieved 23 August, 2021.