Yellow Card CEO Chris Maurice suggests African regulators may follow U.S. crypto-friendly policies.
Yellow Card partners with Lightspark to connect businesses in 20 African countries using Universal Money Addresses, enabling instant Bitcoin transfers across the continent.
This week, Africa's crypto scene saw Bitcoin's $100k achievement. Luno is expanding its offerings in South Africa, while Yellow Card focuses on Nigeria after raising over $8 million.
Coinbase-backed Yellow Card is seeking a license in Nigeria after achieving regulatory success in South Africa, where it obtained a Crypto Asset Service Provider license.
Yellow Card, backed by Coinbase, secured a CASP license from South Africa's FSCA, allowing expansion in Africa.
In October 2024, crypto venture capital investments reached $782 million, up 28.84% from September, despite fewer rounds. Key fundraisers include Blockstream, Azra Games, and Yellow Card, highlighting significant interest in infrastructure, gaming, and DeFi sectors.
Yellow Card raises $33M in Series C to expand its stablecoin presence in Africa, marking a major milestone for the fintech industry. With total equity financing now at $85M, the funding led by Blockchain Capital underscores the potential of stablecoins on the continent.
Alchemy Pay and Yellow Card are collaborating to improve crypto accessibility in Africa by integrating Alchemy Pay's on-ramp with Yellow Card's infrastructure, enabling crypto purchases with local currencies in 20 African countries.
Yellow Card raises $33 million in Series C funding to expand stablecoin access across Africa, led by Blockchain Capital.
Yellow Card, an African stablecoin exchange within Coinbase's portfolio, has raised $33 million in a Series C round led by Blockchain Capital to fund its expansion.
Alchemy Pay partners with African fintech Yellow Card to boost on-ramp services, leading to a rise in ACH token price.
Yellow Card partners with Fireblocks to enhance cross-border transactions in Africa, addressing currency volatility and other challenges.
Yellow Card partners with Fireblocks to enhance African cross-border payments. The collaboration will use Fireblocks' technology to offer secure, efficient on-chain solutions.