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Yellow Card Raises $33 Million to Expand Stablecoin Access in Africa


by Coin Edition
for CoinEdition
Yellow Card Secures $33M Series C Funding for Africa Fintech Growth
  • Yellow Card secures $33 million in Series C funding to boost stablecoin services in Africa.  
  • The company operates in 20 African countries and has processed $3 billion in transactions.  
  • New funding will enhance Yellow Card’s API, expand services, and improve regulatory engagement.

Yellow Card, a leading stablecoin platform in Africa, has secured $33 million in Series C funding. The round, led by Blockchain Capital, brings the company’s total equity financing to $85 million. Yellow Card will use the funds to accelerate its growth across Africa and enhance its payment solutions for businesses.

Founded in 2019, Yellow Card has become a prominent fintech firm in Africa, operating in 20 countries and processing over $3 billion in transactions. The company helps businesses manage international payments and access stablecoins. With this new funding, Yellow Card plans to expand its team and improve its products.

Read also : Africa Embraces Bitcoin: 110+ Businesses Onboard

The Series C round included major investors like Polychain Capital, Castle Island Ventures, Block, Inc., and Winklevoss Capital. CEO Chris Maurice said the fundraise demonstrates the co…

The post Yellow Card Raises $33 Million to Expand Stablecoin Access in Africa appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsYellow Card ...

Yellow Card Raises $33 Million to Expand Stablecoin Access in Africa


by Coin Edition
for CoinEdition
Yellow Card Secures $33M Series C Funding for Africa Fintech Growth
  • Yellow Card secures $33 million in Series C funding to boost stablecoin services in Africa.  
  • The company operates in 20 African countries and has processed $3 billion in transactions.  
  • New funding will enhance Yellow Card’s API, expand services, and improve regulatory engagement.

Yellow Card, a leading stablecoin platform in Africa, has secured $33 million in Series C funding. The round, led by Blockchain Capital, brings the company’s total equity financing to $85 million. Yellow Card will use the funds to accelerate its growth across Africa and enhance its payment solutions for businesses.

Founded in 2019, Yellow Card has become a prominent fintech firm in Africa, operating in 20 countries and processing over $3 billion in transactions. The company helps businesses manage international payments and access stablecoins. With this new funding, Yellow Card plans to expand its team and improve its products.

Read also : Africa Embraces Bitcoin: 110+ Businesses Onboard

The Series C round included major investors like Polychain Capital, Castle Island Ventures, Block, Inc., and Winklevoss Capital. CEO Chris Maurice said the fundraise demonstrates the co…

The post Yellow Card Raises $33 Million to Expand Stablecoin Access in Africa appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ripple’s $25M Gift in RLUSD Shows How Crypto Can Fund Education at Scale

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Ripple has pledged $25 million to support U.S. classrooms and teachers, a major move ...
Warren Targets UAE–USD1 Deal While GENIUS Act Loses Bipartisan Support

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Senator Elizabeth Warren is pushing the U.S. Senate to pause a vote on the GENIUS Act...