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Africa'S Fastest Growing Crypto Exchange, Yellow Card, Raises $15M Series A Funding

Sep 27, 2021•almost 4 years ago

Amount Raised

$15 Million

Round Type

series a

Johannesburg

Description

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.

Company Information

Company

Crypto Exchange

Location

Johannesburg, Gauteng, South Africa

About

The company now has the largest geographical footprint on the continent, with a presence in 12 countries, 110 employees across 16 countries, and a nearly 30x increase in users across Africa since the start of the pandemic.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech