South African payments and software company Yoco is expanding beyond payment acceptance with a new integration that connects merchant transaction data directly into the accounting platform operated by Stub.
The integration links Yoco’s payment infrastructure with Stub’s accounting software to automate reconciliation processes for small businesses, allowing transaction records generated at the point of sale to flow directly into accounting workflows.
Founded in 2015, Yoco provides payment and commerce tools for small and medium sized businesses and says it now serves more than 200,000 merchants across South Africa. The company said merchants can activate the integration either from the Yoco app by connecting Stub or through the Stub platform itself.
Under the integration, payment and sales data generated through Yoco is transferred automatically into Stub as transactions occur. Stub then categorizes transactions, matches payments against invoice numbers and attaches location information to sales records.
The rollout reflects growing demand from smaller businesses for finance tools that reduce administrative workloads by connecting payment systems with back office operations rather than treating them as separate functions.
“Along with partners like Yoco, we are building an ecosystem of tools that just work for South African entrepreneurs and provide them with features and functionality for which they have been waiting for a long time.”
For Yoco, the partnership also extends its push into services beyond transaction processing as merchants seek fewer disconnected systems to manage daily operations.
“It’s exciting to integrate the solutions of two South African companies that truly care about independent businesses in this country. By adding another accounting integration in Stub, Yoco is expanding its support beyond payments even further,” said Eugene Coetzee, VP of engineering at Yoco.
Tayla Dandridge, co-founder and CEO of Stub, comments: “The integration between Stub and Yoco closes the gap between running your business and doing the books, allowing businesses to claim back the time they are losing due to fragmented systems and manual data capture.
