🚀 Yellow Card Secures $33 Million In Series C Funding For Expansion
#YellowCard #funding #cryptocurrency #SeriesC #expansion #Africa #BlockchainCapital #investment #growth #API #widget
According to Foresight News, African cryptocurrency exchange platform Yellow Card has successfully raised $33 million in its Series C funding round. The round was led by Blockchain Capital, with participation from Polychain Capital, Third Prime Ventures, Castle Island Ventures, Block, Inc., Galaxy Ventures, Blockchain Coinvestors, Hutt Capital, and Winklevoss Capital. This latest funding brings Yellow Card's total equity financing to $85 million. The newly acquired funds will be utilized for growth and expansion, particularly by enhancing Yellow Card's API and widget products. Additionally, Yellow Card is developing innovative new products for the African continent and strengthening its team and systems.
Previously, Yellow Card completed a $15 million Series A funding round in September 2021 and a $40 million Series B funding round in September 2022.#YellowCard #funding #cryptocurrency #SeriesC #expansion #Africa #BlockchainCapital #investment #growth #API #widget
🚀 Yellow Card Secures $33 Million In Series C Funding Led By Blockchain Capital
#YellowCard #SeriesC #Funding #BlockchainCapital #Fintech #Africa #Stablecoins #Finance #Investment #OnRamp #OffRamp #Payments
According to Odaily, Pan-African fintech company Yellow Card has successfully raised $33 million in a Series C funding round, with Blockchain Capital leading the investment. Yellow Card is a prominent fintech firm in Africa, offering financial infrastructure based on stablecoins. As the continent's largest and first licensed stablecoin on/off-ramp platform, the company provides businesses of all sizes with a secure and cost-effective method to buy and sell currencies such as USDT, USDC, and PYUSD in local currencies. Transactions can be conducted directly or through its payment API.#YellowCard #SeriesC #Funding #BlockchainCapital #Fintech #Africa #Stablecoins #Finance #Investment #OnRamp #OffRamp #Payments
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