Yellow Card Inc.

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Yellow Card Inc. - overview

Established

2016

Location

Delaware, OH-Ohio, US

Primary Industry

Financial Services

About

Yellow Card Inc. is a US-based Fintech company specializing in cryptocurrency transactions and payments across Africa, providing a platform that simplifies the buying and selling of digital currencies like Stablecoins and popular cryptocurrencies. Founded in 2016 by Chris Maurice, CEO, and Justin Poiroux, CTO in Birmingham, US, Yellow Card Inc. provides a cryptocurrency trading platform tailored for the African market.


In August 2026, Yellow Card Inc. raised USD 40 million in series C funding led by Polychain Capital, with participation from SC Venture, Blockchain Capital and Sony Innovation Fund. CEO Chris Maurice leads the company as it continues to expand its services. Yellow Card is a leading pan-African Fintech company that specializes in providing a platform for the purchase and sale of cryptocurrencies, particularly Stablecoins such as USDT, USDC, and PYUSD, alongside popular cryptocurrencies like BTC and ETH.


The company's core offerings include a Payments API that enables businesses to facilitate transactions with their customers in 20 African countries using local mobile money and bank transfers. This service is designed to enhance borderless payments and simplify the buying and selling of cryptocurrencies through a secure and cost-effective interface. Yellow Card's user base includes both individual consumers and businesses of various sizes looking to engage in cryptocurrency transactions. The company's products are specifically tailored to the African market, addressing the unique challenges and needs of users in that region by providing easy access to cryptocurrencies and efficient transaction processes.


Yellow Card operates under a transaction-based revenue model, generating income through fees associated with the buying and selling of cryptocurrencies on its platform. When a customer utilizes the Payments API to make a transaction, the company charges a fee for processing that payment, creating a direct revenue stream from each sale. The platform targets both B2B and direct-to-consumer transactions, allowing businesses to integrate Yellow Card's services into their own operations while serving individual users in need of cryptocurrency access. This dual approach enhances revenue opportunities by catering to a diverse client base, although specific pricing plans for transaction fees are not publicly disclosed.


In August 2026, Yellow Card Inc. raised USD 40 million in series C, the funding to expand Global USD Accounts, enhance its stablecoin infrastructure, strengthen its presence in Latin America and Asia Pacific, and grow its operations.


Current Investors

Andreessen Horowitz, Polychain Capital, Celo Foundation, Inc.

Primary Industry

Financial Services

Sub Industries

e-Financial, Web Applications, Accounting/Finance Software

Website

www.yellowcard.io

Verticals

Big Data, Blockchain, Blockchain, FinTech, FinTech, FinTech, Mobile Apps, RegTech

Company Stage

Series C

Total Amount Raised

Subscriber access only

Yellow Card Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Series CCompletedYellow Card Inc.-
Series CCompletedYellow Card Inc.-
Series BCompletedYellow Card Inc.-
Series ACompletedYellow Card Inc.-
SeedCompletedYellow Card Inc.-

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