Royal Park Partners congratulates Yellow Card on its $33million Series C funding round

Overview of the transaction

Yellow Card, the largest and first licensed Stablecoin on / off ramp in Africa, has raised $33m in its Series C funding, led by Blockchain Capital with participation from existing investors.

Operating in 20 countries across the African continent, Yellow Card will use the proceeds from the investment to fuel its continuing geographic and product expansion initiatives.

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Overview of Yellow Card

Founded in 2016 by Chris Maurice and Justin Poiroux, Yellow Card provides customers across Africa with secure, liquid, and cost-effective access to Stablecoins like USDT, USDC, PYUSD, plus other popular tokens like BTC and ETH, directly via local currency payments.

Yellow Card’s offering includes a trading app, payments product (Yellow Pay), commercial trading, and B2B Payments API.

Today, Yellow Card is operating across 20 countries with 250+ team members.

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Royal Park Partners’ role

Royal Park Partners (“RPP”) acted as exclusive financial advisor to Yellow Card throughout the

transaction, supporting the efforts of the CEO and executive team.

The transaction highlights Royal Park Partners’ extensive experience in supporting both (i) digital

assets businesses and (ii) high-growth emerging market Fintech platforms.

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Disclaimer

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