Yellow Card, founded in 2016, is a fintech and trading platform providing seamless access to digital currencies across Africa. The company, with the slogan "Providing seamless access to digital currencies across Africa with secure and cost-effective solutions for USDT, USDC, and PYUSD," stands as the largest and only licensed stablecoin on/off ramp across the continent. Operating in 20 countries, Yellow Card offers individuals and businesses secure and cost-effective access to USDT, USDC, and PYUSD via their local currency, facilitated through their Payments API. The startup's recent achievement includes a notable $40.00M Series B investment on 19 September 2022. This investment was led by a group of esteemed investors, including Third Prime, Castle Island Ventures, Keiretsu Capital, Fabric Ventures, DG Daiwa Ventures, Polychain Capital, Valar Ventures, Pat Duffy, Alex Wilson, Jon Weiner. Yellow Card's innovative approach to digital currency access, its extensive reach in Africa, and the recent substantial investment demonstrate its potential for continued growth and impact as a key player in the fintech industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
C | 33.00M | 9 | Polychain, Block, Inc +1 | 17 Oct 2024 |
Series B | $40.00M | 10 | Pat Duffy, Alex Wilson +1 | 19 Sep 2022 |
Non Equity Assistance | Unknown | - | 30 Mar 2022 | |
Series A | $15.00M | - | 26 Sep 2021 | |
Seed Round | $1.50M | - | 27 Aug 2020 |