Africa's Fastest Growing Crypto Exchange, Yellow Card, Raises $15M Series A Funding
JOHANNESBURG, Sept. 27, 2021 /PRNewswire/ -- Pan-African cryptocurrency exchange, Yellow Card, has announced a $15M Series A, the largest ever by an African cryptocurrency exchange, to ramp up hiring and continue its expansion across the continent. The round was led by Valar Ventures, Third Prime, and Castle Island Ventures with participation from Square, Inc., Blockchain.com Ventures, Coinbase Ventures, Polychain Capital, BlockFi, Fabric Ventures, Raba Partnership, MoonPay, GreenHouse Capital, and more.
- Chris Maurice, co-founder and CEO of Yellow Card, expressed the significance of this round of investment for Yellow Card's future.
- Yellow Card wants everyone to know that Africa should be seen as a prominent region for crypto adoption.
- "This raise is a validation that Africa has a major place in the crypto industry," said Yellow Card's Chief Bitcoin Officer, Munachi Ogueke.
- Yellow Card makes it easy for anyone, anywhere in Africa to buy crypto using cash, mobile money, card, or bank transfer.