News list for "Pan-African"

Yellow Card Completes $33 million Series C Funding, Led by Blockchain Capital

On October 18th, Pan-African financial technology company Yellow Card completed a $33 million Series C financing round, led by Blockchain Capital. Yellow Card is a pan-African fintech company that provides stablecoin-based financial infrastructure. As the continent's largest and first licensed stablecoin inbound/outbound platform, the company offers businesses of all sizes a safe and cost-effective way to buy and sell USDT, USDC, PYUSD and more in local currencies - either directly or through it...

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2024-10-18 06:42:51
African cryptocurrency exchange Mara spends $16 million to pay salaries

Pan-African cryptocurrency exchange Mara lost around 16 million of the $23 million it raised from investors. After the exchange collapsed, founder and CEO ChinyereNnadi is said to have started a new entity called Jara. Nnadi believes the exchange drained the money raised by paying high salaries to attract talent.

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2024-07-04 05:47:14
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