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

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

09/27/21, 1:43 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/ZA.svgjohannesburg
Money raised
$15 million
Round Type
series a
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 Info

Company
Crypto Exchange
Location
johannesburg, gauteng, south africa
Additional Info
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.