ATLANTA - October 16, 2024 - Morris, Manning & Martin advised Yellow Card App on securing $33M Series C funding from Blockchain Capital and other investors.

The Nigerian cryptocurrency startup company is Africa's largest and first licensed Stablecoin. The platform provides secure and cost-effective methods to buy and sell USDT, USDC, and PYUSD directly in the user's local currency and through its Payments API. The funding will allow Yellow Card App to grow its customer base and expand to other countries, allowing users to easily move money cross-border at a fraction of the cost of traditional money transfers.

The MMM team was led by Nick Foreste and included Sam Collier, Matt Miehl, and Sarah Moy.