Seed

Celo Ecosystem Fund

Atlanta

Series C

Yellow Card

Fintech

NFT/Crypto

Blockchain

Crypto

Trading Platform

Bitcoin

Yellow Card is the safest, easiest and cheapest way to buy, sell and store bitcoin (BTC) and tether (USDT) in Africa. With multiple payment options, competitive rates and zero fees, you can buy and sell bitcoin safely and easily on Yellow Card.

Nigerian cryptocurrency startup Yellow Card — which is aiming to make it easier for consumers in Africa to buy and sell cryptocurrency — has announced a $1.5 million seed round.

Investors in the new round include Polychain, Andreessen Horowitz, and Celo, through Celo Ecosystem Fund. Yellow Card said it will use the funding to expand its operations and “become the dominant exchange across the continent.”

The company said it recently expanded into South Africa and Botswana and added 30,000 new vendors. Starting September 1, the service will also launch in Kenya and Cameroon, according to a statement. Yellow Card announced the hiring of former senior director of payment services at Walmart, Jason Marshall, as the startup’s chief operating officer.

Nigerian cryptocurrency startup Yellow Card nets $1.5 million in seed round

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We Invest in Startups in the Following Stages

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