College app outfit Yoyo reports momentum

Source: Yoyo

A year after announcing its first seed round at Techcrunch Disrupt San Francisco 2013, Yoyo, the mobile platform that seamlessly combines payment, loyalty and discovery has reached the following impressive milestones:

• High demand amongst UK Universities. The app is live at the University of Westminster, University of Greenwich, University of Essex, University of Bedfordshire and Imperial College London with University of Southampton, University of Strathclyde, Brunel University, University of Huddersfield and Bolton University rolling out - Yoyo is going to be available to over 300,000 people by end of 2014.

• Based on the current sales pipeline, Yoyo forecasts 40 universities to accept Yoyo on their campuses by year end 2015.

• Over 11,000 registered users since launch in January 2014. The number is expected to increase to 20,000 by the end of the year.

• Powering over 50,000 transactions a month: the number and value of transactions are going to more than double by the end of 2014.

• Presence on the high-street and corporate head offices: Yoyo is accepted at high-street retailers Fernandez & Wells, Chop & Wok and Hummus Bros, and will be live at The Guardian and Direct Line Group head offices in November 2014.

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