Walder Wyss advises Yokoy in its USD 26 million series A financing round

Yokoy Group, an all-in-one global spend management platform, raised USD 26 million in a series A financing round, led by US investor Left Lane Capital, with participation from European investor Balderton Capital as well as certain existing investors such as Swisscom and SIX FinTech Ventures.

Since its launch two years ago, Yokoy has grown to more than 400 customers, more than 80,000 users, five global offices, and almost 100 employees. Yokoy is looking to use the new funds to expand deeper into the US, Europe and more regions across the globe. The funding will also be used to further enhance the technologies underpinning the platform to stay at the cutting-edge of its AI, automation and security systems.

Walder Wyss advised Yokoy on all legal aspects of the transaction. The team was co-led by Rafael Zemp and André Kuhn (both managing associates, corporate/m&a, pictured above) and further included Timon Nydegger (associate, corporate/m&a), Maurus Winzap (partner, tax) and Marius Denoth (trainee lawyer, corporate/m&a).