African crypto startup Yellow Card raises $33M led by Blockchain Capital to scale its B2B pivot: https://t.co/lJ32NtiG7N by TechCrunch #infosec #cybersecurity #technology #news
We’ve led the $33M Series C round of Yellow Card! @yellowcard_app is the largest and first licensed stablecoin on/off ramp on the African continent, with operations spanning 20 African countries and over $3 billion in transactions facilitated across the continent. https://t.co/6mRTA1Yhyv
African crypto startup Yellow Card raises $33M led by Blockchain Capital to scale its B2B pivot: Africa’s blockchain and crypto space is receiving a much-needed venture boost during a tough time for startups, some of which have… https://t.co/pD9sMziYgB #AI #AInews #AItips
African crypto startup Yellow Card has raised $33 million in a Series C funding round led by Blockchain Capital. The company, which operates in 20 African countries, uses stablecoins to facilitate the movement of local currencies. Yellow Card is the largest and first licensed stablecoin on/off ramp on the African continent, having facilitated over $3 billion in transactions. The funding will be used to scale its B2B pivot, providing a significant boost to Africa's blockchain and crypto space during a challenging time for startups. This new round is a notable example of how crypto is changing emerging markets.