Nigerian cryptocurrency startup Yellow Card — which is aiming to make it simpler for shoppers in Africa to purchase and promote cryptocurrency — has announced a $1.5 million seed spherical.
Traders within the new spherical embrace Polychain, Andreessen Horowitz, and Celo, via Celo Ecosystem Fund. Yellow Card mentioned it would use the funding to increase its operations and “develop into the dominant change throughout the continent.”
The corporate mentioned it just lately expanded into South Africa and Botswana and added 30,000 new distributors. Beginning September 1, the service will even launch in Kenya and Cameroon, in line with a press release. Yellow Card introduced the hiring of former senior director of cost companies at Walmart, Jason Marshall, because the startup’s chief working officer.
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