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Yellow Card, a Nigerian cryptocurrency exchange, has raised USD 15 Mn in Series A funding to boost its hiring and expand beyond Africa. The round was led by Valar Ventures, Third Prime, and Castle Island Ventures, with participation from Square, Blockchain.com Ventures, Coinbase Ventures, Polychain Capital, BlockFi, Fabric Ventures, Raba Partnership, MoonPay, GreenHouse Capital, and more.
Yellow Card makes it easy for anyone, anywhere in Africa, to buy cryptocurrencies like Bitcoin, Ethereum, and USDT Stablecoin using cash, mobile money, card, or bank transfer. The company has a presence in 12 African countries.