ChainCatcher news, according to Finance Feeds, Yellow Card has obtained a Crypto Asset Service Provider (CASP) license issued by the Financial Sector Conduct Authority (FSCA) of South Africa.It is reported that Yellow Card Financial South Africa was established in 2020 and has facilitated over $3 billion in transactions to date. The company plans to leverage its recently completed $33 million Series C funding to enhance its stablecoin channels, infrastructure, as well as B2B APIs and widgets. Yellow Card has also partnered with Fireblocks to improve cross-border transaction capabilities, providing secure and efficient on-chain solutions for the African market.

ChainCatcher news, Yellow Card has obtained a Crypto Asset Service Provider (CASP) license from the South African Financial Sector Conduct Authority (FSCA). This license allows Yellow Card (also licensed in Botswana) to expand its operations and meet the growing demand for stablecoin services.Previous news, the African crypto trading platform Yellow Card announced the completion of a $33 million Series C funding round, led by Blockchain Capital.

ChainCatcher news, according to TechCrunch, the African cryptocurrency exchange platform Yellow Card has completed a $33 million Series C funding round, led by Blockchain Capital, with participation from Coinbase, Kraken, OpenSea, and Worldcoin. This round of financing will be used to expand its B2B business. Yellow Card's total funding amount has reached at least $88 million.According to the Web3 asset data platform RootData, Yellow Card completed a $15 million Series A funding round in September 2021, led by Valar Ventures, Third Prime, and Castle Island Ventures, and also completed a $40 million Series B funding round in September 2022, led by Polychain Capital.

ChainCatcher news, according to The Block, Coinbase has partnered with the local African stablecoin trading platform Yellow Card to expand its services in Africa as part of a compliance-focused global development plan.Starting in February, this partnership will enable more than half of Africa's population to purchase USDC through the Coinbase wallet app. The app will also allow users to send stablecoins for free via email and messaging apps such as WhatsApp, iMessage, and Telegram. Yellow Card users will also be able to purchase USDC on the Base network.

Chain Catcher news, African cryptocurrency exchange Yellow Card Financial has completed a $40 million Series B funding round, led by Polychain Capital, with participation from Valar Ventures, Third Prime Ventures, Sozo Ventures, Castle Island Ventures, Fabric Ventures, DG Daiwa Ventures, The Raba Partnership, Jon Weiner, Alex Wilson, and Pat Duffy.This round of financing will be used to drive the company's business growth, expand into the African market, and innovate product development. In September last year, Yellow Card completed a $15 million Series A funding round, led by Valar Ventures, Third Prime, and Castle Island Ventures. (PR Newswire)