Fintech deepens global expansion after $40m strategic raise
Yellow Card, a pan-African stablecoin provider, expands globally after a $40m Series C raise, strengthening its infrastructure and regulatory footprint. Read More: https://punchng.com/fintech-deepens-global-expansion-after-40m-strategic-raise/
Yellow Card, a pan-African stablecoin infrastructure and payments provider, has announced a $40 million strategic Series C funding round to support its global expansion. The funding will bolster the company's end-to-end dollar accounts for businesses and strengthen stablecoin connections across its markets. In addition to expanding in Africa, Latin America, and the Asia-Pacific region, Yellow Card has secured regulatory approvals, including a CASP license in South Africa and an Anti-Money Laundering affiliation in Switzerland.
The company has also strengthened partnerships with global financial and payment giants such as Visa, Mastercard, Western Union, Thunes, and MoneyGram.
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