Yellow Card Secures $33M to Enhance B2B Crypto Services Across Africa

Yellow Card Secures $33M to Enhance B2B Crypto Services Across Africa
Yellow Card, the leading cryptocurrency exchange in Africa, has raised $33 million in Series C funding led by Blockchain Capital. This investment will help the platform focus on its business customers, pivoting from its initial B2C model. With this new strategy, Yellow Card aims to support around 30,000 businesses in managing payments and treasury through stablecoins. The company reports a surge in transaction volumes, climbing from $1.7 billion to over $3 billion. The funding will also facilitate product development and regulatory engagement in a rapidly evolving crypto landscape.