News

Yellow Card Surpassed 1 Million Customers Across 16 African Countries in March, after only 3 Years

Yellow Card Financial ((https://YellowCard.io/)), the fastest growing cryptocurrency company on the continent, celebrates exceeding 1 million customers in only three years.  The pioneering pan-African company reached 1 million customers in March and shows no signs of slowing down.

VIDEO
Yellow Card Surpassed 1 Million Customers Across 16 African Countries in March, after only 3 Years

 

 

Since launching in Nigeria in 2019, Yellow Card (https://YellowCard.io/) has dedicated its efforts to providing financial inclusion and freedom for all Africans. The company expanded into four new African territories in the last year alone, increasing its total country presence to 16.

 

John Colson, Chief Marketing Officer at Yellow Card, says this achievement no doubt strengthens the company’s brand on the continent and trust among current and future users. It also inspires investor confidence, especially at a time when Yellow Card seeks to expand into more regions.

 

“Reaching the one million goal is fantastic. It was a massive goal that we set for ourselves, and the team rallied to make it happen. Although it was not an easy journey, it has been a very rewarding one. This showed us that we are on the right track, people value what we are building, and it’s solving a need. Over one million people have trusted Yellow Card, and now it’s our turn to show why it is the number one place for crypto in Africa,” he said.

 

Over the last few years, the crypto exchange has achieved notable goals, which include: a Series A fundraise of $15M (2021) as well as the launch of the educational platform – Yellow Card Academy (https://Academy.YellowCard.io/) (2021), which boasts a wide range of information about cryptocurrency, blockchain technology, and financial literacy. In addition, earlier this year, they also revealed their new brand identity.

 

Peter Mureu, Marketing Director at Yellow Card, says every decision made has been for the benefit of their customers, reaching far and wide across the continent.

We’ve advanced key efforts to localise content and engage with customers at events and activations to essentially meet them where they are

 

“Every strategic decision we’ve made has always been customer-centric. We’ve advanced key efforts to localise content and engage with customers at events and activations to essentially meet them where they are. From a product perspective, we have allowed our customers to use their local currency to buy and sell crypto. Our strategy to educate customers on cryptocurrencies, combined with the tenacity of the team, are the key factors that helped us reach this milestone.  And we are only getting started,” said Peter.

 

 

 

 

With 1 million customers reached, there is much more ahead for Yellow Card in 2022.

 

“We have only seen the start of the impact crypto can have in Africa, from job creation to breaking down borders. Over the next few years, we will continue to see innovative ways crypto is used to solve everyday problems,” added John, Yellow Card’s Chief Marketing Officer.

 

As the leading cryptocurrency company on the continent, Yellow Card will continue to pioneer as it dedicates its efforts to focusing on customers – with an emphasis on education, retention and user experience.

Leave a Comment

Your email address will not be published.

You may also like

Business News Technology Technology Trends Telecoms Travels

Africa Data Centres breaks ground on new Sameer facility in Nairobi

post-image

Africa Data Centres (www.AfricaDataCentres.comhas broken ground on its new facility in Nairobi; The new build will expand its existing data centre by up to 15MW of IT load; The facility will be built in the company’s leading-edge modular design.

 

Africa Data Centres, a business of Cassava Technologies, a pan-African technology group, is pleased to announce it has officially broken ground on an additional data centre facility in Nairobi. The new build will see the existing facility on the adjacent piece of land expanded up to an extra 15MW of IT load.

 

ADC’s expansion at the new site will be completed in the first half of 2024 and will bring five times more capacity than is currently installed.

 

“We believe that data centres will play a significant role in digital transformation and economic growth on our continent. Without them, the push towards a digital economy in Africa will be…

Read More
Business Economy Education Investments Technology Technology Trends

Digital Expert Academy Promotes United States – Nigeria Collaboration in Tech

post-image

United States Consul General Will Stevens joined representatives from leading American tech companies, Nigerian technology and business leaders for the official opening of the Digital Expert Academy in Lagos.

 

Founded by 21st Century Technologies, the Digital Expert Academy seeks to create opportunities to train and upskill young Nigerians in artificial intelligence, digital infrastructure, machine learning, cloud services, data science, data center management among other tech fields.

Delivering keynote remarks on the theme “Technology as an Enabler and Tool for Empowerment,” Consul General Will Stevens noted that the U.S. government is committed to supporting programs that provide youth with quality technological learning opportunities. He highlighted the importance of tech skills to Nigeria’s future prosperity and economic competitiveness.

We hope that by developing local talent in tech fields, we help accelerate medium and long-term growth in Nigeria’s and indeed Africa’s digital economy

Consul General Stevens explained that the Biden Administration’s U.S. Strategy…

Read More
Business Culture Featured Technology Technology Trends

Meet Chika Uwazie, The Lady Taking African Blockchain Ecosystem By Storm!

post-image

Good things come in different packages and that is the story of Chika! The Blockchain technology is undoubtedly the future of information technology space, there is a need for Africans to be serious players in this budding but thriving ecosystem.

Cryptocurrency has been here for sometime though yo some it is a   new thing, with nations adopting it for transaction and others making plans for it in future . In Nigeria, a delectable lady is poised and positioned to bring disruption in this ecosystem, known as Chika Uwazie, a United State born serial entrepreneur has shown that Nigerian ladies can do wonders in the blockchain with her new firm called Afropolitian .

Speaking via her social media, she tweeted that “In order for Africa to avoid the same mistakes in previous innovation eras, we need to create our own infrastructure. We have not built our own…

Read More
Announcements Business Finance Society Technology Trends

CBN launches Nigerian Domestic Card, AfriGo

post-image

CBN launches Nigerian Domestic Card, AfriGo, bans dollar charges on domestic transactions.

The Central Bank of Nigeria (CBN) has launched the Nigerian National Domestic Card Scheme, AfriGo, aimed at creating a more robust payment system that would drive financial inclusion in the country.

Launching the card virtually, this morning, the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, said that transaction charges on all cards would henceforth be paid in Naira, except for international transactions.

According to him, AfriGo would be cheaper and would be a matter of national pride, with potential to boost financial inclusion.

 

 

Sapientia FM

Read More
Business Economy Technology Technology Trends

Protect against Business Email Compromise – or it may cost you dearly 

post-image

Don’t let your business be punished for, and by cyber fraud 

 

As the business landscape rapidly evolves, a general awareness of security vulnerabilities is no longer enough. Cyber fraud, data and payment breach risks need to be managed urgently and strategically with the right tools, says Ryan Mer, CEO at eftsure Africa, an automated Know Your Payee™ (KYP) platform provider.  

 

South African companies are facing a surge in Business Email Compromise (BEC) and other cyberattacks, exposing gaps in organisations’ payment systems with serious financial, reputational, and legal consequences. In January 2023, leading South African law firm, Edward Nathan Sonnenbergs (ENS) was ordered by the High Court in Johannesburg to pay R5.5 million including interest to a property buyer, Mrs. Judith…

Read More
Business Economy

Partech Africa Report: Resilient African Tech Ecosystem Still Growing with $6.5 Billion Raised in 2022

post-image

Amid the drastic pullback in global VC funding, the African tech ecosystem stands out with 8% growth from 2021. Debt funding doubled in volume to $1.5B, accounting for nearly a quarter of the total funding. Fintech, still leading, attracted 39% of the total equity volume; Nigeria retained the top spot with 23%

 

Partech Africa, the VC fund dedicated to technology startups in Africa, has issued its annual report on Africa Tech Venture Capital. The report, which aims to provide a practical picture of the state of the ecosystem, revealed that despite the global VC downturn, the African tech ecosystem grew faster than all other markets globally.

Total funding invested into tech startups on the continent reached $6.5B, an increase of 8% vs 2021, spread across 764 deals – compared to 724 rounds in 2021. The report, consisting of disclosed and confidential deals, saw debt funding more than double in volume, reaching…

Read More
Business Gadgets Security Technology Technology Trends Telecoms

CYBER SECURITY: ZORACOMS’ NSOC CENTER AS A GAME-CHANGER IN THE NIGERIAN IT SPACE

post-image

 

In a constantly evolving digital world that is fast paced, many organizations today are going fully digital or virtual. These processes have been known to deepen corporate organizations productivity and business continuity, but there are snags such as exposure and cyber threat. Criminals today are constantly evolving and finding new ways to breach the virtual and digital security infrastructures of organizations and individuals. These breaches cost as much as bullions of dollars in damages and loses when it has to get to fintechs and , identity firms other financial institutions. Having seen this loophole in the ecosystem in the area of having skilled manpower to monitor, abate and proactive these cyber threat, Zora Communications, an indigenous information technology (IT) firm Located in Lekki Area of Lagos recently launched one of a kind facility that will offer public and private sector players the desired and required tools and manpower that…

Read More
Business Events Society Technology Technology Trends

EVENTNEWS Lagos hosts gathering of Nigeria’s Top 50 Digital Economy Enablers 2023

post-image

Lagos, Nigeria’s commercial capital, is hosting the opening edition of Nigeria’s Top 50 Digital Economy Enablers February 14, 2023 at the prestigious Sheraton Hotel & Towers.  Nigeria’s Digital Economy is evolving positively in spite of a diversity of challenges for organisations in the public and private sectors.

Inspired by the need to express both the challenges and the iconic actors that have emerged to drive Africa’s fastest growing digital economy, the continent’s major tech-biz publication, published since 2007, IT Edge News.Africa (www.itedgenews.africa) and its Partners will be focusing on Nigeria’s Leading Lights referencing Nigeria’s Top 50 Digital Economy Enablers at an Industry Colloquium &Award Ceremony this February just before as the country goes to the poll to elect new political leaders.

The One Day Industry event is featuring a Nigeria’s Top 50 Digital Economy Enablers Recognition Ceremony; an Industry Networking Lunch; Nigeria Digital Economy Special Report; and the forum on  ‘Nigeria’s Digital Economy – Myth or Fact?’

According…

Read More