Yellow Card, founded in 2016, is a standout in the Crypto, Fintech, and Trading Platform industries. It is heralded as the largest and only licensed stablecoin on/off ramp across Africa, representing a significant innovation in the region’s financial landscape. Operating in 20 countries, Yellow Card provides seamless and secure access to digital currencies—specifically USDT, USDC, and PYUSD—primarily through its Payments API, which allows transactions in local currencies.
The company’s recent funding success is highlighted by a substantial $33.00M Series C investment in October 2024. This funding round was led by a notable group of investors, including Third Prime, Blockchain Capital, Castle Island Ventures, Galaxy Ventures, Winklevoss Capital, Blockchain Coinvestors, Hutt Capital, Polychain Capital, and Block. Such diverse backing underscores the strong confidence in Yellow Card's vision and growth potential in enhancing financial access across Africa.
