by Russel Ayugi September 27, 2021, 10:33 pm 375 Views

African B2C crypto exchange Yellow Card has announced a $15 million Serie A raise led by Valar Ventures, Castle Island Ventures, and Third Prime alongside participation from Coinbase Ventures, Square, and Blockchain.com Ventures. The funding will grow the team, launch new products, and expand its Africa presence.

Chris Maurice (CEO) and Justin Poiroux (CTO) are the founders behind Yellow Card and have since grown it to become a Pan-African cryptocurrency exchange operating in 12 countries. The Atlanta Georgia headquartered company launched in Nigeria in 2019 offering a bitcoin card model. It later pivoted towards an agency banking model. Here the agency banks involve the delivery of essential financial services to customers through third-party agents. It has also remained instrumental in the financial inclusion in Nigeria and several other African countries.

In countries where Yellow Card operates,  people are allowed to buy crypto by making ATM deposits, bank branches, and partner store networks. The company generally offers cash in and cash out depending on what’s applicable in the country. On Forbes, Maurice reveals that the big picture is to reveal how money moves around the continent through crypto. Yellow will build an infrastructure capable of integrating partners across the continent.

BREAKING NEWS: Africa’s Fastest Growing Crypto Exchange, Yellow Card, is proud to announce its $15M Series A Funding. Read the @Forbes article here: https://t.co/icjusYHFCf#YellowCard #SerieA #cryptoexchange #Africa #funding @ForbesCrypto @forbesafrica pic.twitter.com/dVUXm5Elip

— Yellow Card App (@yellowcard_app) September 27, 2021

by Russel Ayugi January 14, 2022, 8:35 am

by Russel Ayugi January 13, 2022, 6:13 am

by Russel Ayugi January 12, 2022, 8:53 am

by Russel Ayugi January 12, 2022, 7:14 am

by Russel Ayugi January 12, 2022, 6:23 am

by Russel Ayugi January 7, 2022, 11:47 am

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

by Russel Ayugi December 21, 2021, 8:41 am

by Russel Ayugi December 16, 2021, 10:44 am

by Russel Ayugi October 29, 2021, 8:05 am

by Russel Ayugi January 4, 2022, 7:34 am

by Russel Ayugi November 15, 2021, 12:21 pm

by Russel Ayugi January 7, 2022, 8:26 am

Get the best viral stories straight into your inbox!

Don't worry, we don't spam

Get the best viral stories straight into your inbox!

Don't worry, we don't spam

The hottest and most popular news, stories, interviews, press releases and opinions about startups, entrepreneurs and new technologies in Africa.

https://www.soccernews.com/en/video/chelsea-vs-west-ham-live-football-match-04-12-2021_0fa8b065e.html https://www.soccernews.com/en/video/west-ham-united-vs-chelsea-live-stream-line-ups-and-score-04-12-2021_16b7b7d62.html https://www.soccernews.com/en/video/west-ham-vs-chelsea-live-premier-league-21-22-full-match-live-04-12-2021-2_bc98e8182.html https://www.soccernews.com/en/video/west-ham-vs-chelsea-live-match-score-04-12-2021_fbf3c04c3.html https://www.soccernews.com/en/video/west-ham-vs-chelsea-live-premier-league-21-22-full-match-live-04-12-2021-1_96a10d968.html https://www.soccernews.com/en/video/west-ham-vs-chelsea-live-premier-league-21-22-full-match-live-04-12-2021_2253955f2.html

Get the best viral stories straight into your inbox!

Don't worry, we don't spam

© 2016-2020 - Tech in Africa - Startup news, stories and interviews from in Africa

Enter your account data and we will send you a link to reset your password.