Yellow Card has raised $33 million in a funding round led by Blockchain Capital to promote stablecoin adoption across Africa
- Yellow Card closed a $33 million Series C equity financing round.
- The financing was led by Blockchain Capital with contributions from multiple investors.
- Yellow Card has facilitated over US$3 billion in transactions since its launch in 2019.
The successful funding round for Yellow Card signifies a pivotal moment for the African FinTech landscape, highlighting the increasing adoption of stablecoins and digital assets. As the company continues to innovate and expand, it will be crucial to monitor how these developments impact financial inclusion and economic growth across the continent.
