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Yellow Card raised $33M in a Series C led by Blockchain Capital to fuel global expansion and drive digital asset adoption across Africa.

Oct 16, 2024about 1 year ago

Amount Raised

$33 Million

Round Type

series c

AtlantaFinancial Services

Investors

Winklevoss CapitalHutt CapitalBlockchain CoinvestorsGalaxy VenturesBlock Inc.Castle Island VenturesThird Prime VenturesPolychain CapitalBlockchain Capital

Description

Yellow Card has successfully closed a $33 million Series C funding round, aiming to enhance its digital asset adoption mission across Africa. The round has brought Yellow Card's total funding to $85 million, highlighting its role as a leader in the continent's financial ecosystem.

Company Information

Company

Yellow Card

Location

Atlanta, Georgia, United States

About

Continue ReadingYellow Card Leadership TeamThe funding will enable the company to drive exponential business growth, continue its successful expansion across the continent, develop new product innovations, and advance strategic partnerships across Africa. Yellow Card is committed to continue its mission to create financial inclusion for all through various activities across the continent.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech