Crypto Startup Yellow Card Secures $33 Million in Series C Funding to Enhance Global Footprint

Wednesday, 16 October 2024, 12:44

Crypto startup Yellow Card has successfully secured $33 million in Series C funding. This latest investment, aimed at global expansion, underscores Yellow Card's commitment to revolutionizing the fintech landscape in Africa. Securing prominent backers, including Blockchain Capital and Polychain Capital, marks a pivotal advancement in their journey.
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Crypto Startup Yellow Card Secures $33 Million in Series C Funding to Enhance Global Footprint

Yellow Card's Remarkable Funding Round

Crypto startup Yellow Card has announced the successful closing of its Series C financing, raising $33 million. This funding round was spearheaded by Blockchain Capital and garnered support from esteemed investors, including Polychain Capital, Third Prime Ventures, and several others.

Significance of the Funding

This new funding elevates Yellow Card's total equity financing to $85 million, marking a substantial milestone not only for the company but also for Africa's fintech industry.

Empowering Digital Assets Across Africa

Chris Maurice, CEO and co-founder of Yellow Card, emphasized the significance of this latest fundraise, stating:

  • “This funding will enable us to broaden our reach and enhance our services in the digital asset space.”

Yellow Card's dedication to empowering digital assets stands as a critical pillar for Africa's burgeoning financial landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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