Portfolio company Yoyo Wallet has been selected by Caffè Nero as the coffee chain's mobile payment and loyalty strategy partner.
The announcement follows Yoyo's agreements with High Street retailers Planet Organic, Fernandez & Wells and Hummus Bros, further cementing the company's role as a leading mobile payment platform. Since its founding in 2013 Yoyo has expanded its offering to more than 30 universities in the UK and 100 corporate sites.
Michael Rolph, co-founder nad CRO of Yoyo Wallet, said:
“We’re thrilled to be working with Caffè Nero and evolving the role mobile transactions play for them. For us, innovation around mobile transactions should go beyond just payment, creating a better in-store experience for both brands and their customers.”