Yellow Card’s new funding ’ll improve cross-border payments
Oludimu further disclosed that Yellow Card had strategic partnerships with Visa, Mastercard and Western Union, saying the fresh funding would enable the company to extend its infrastructure to more markets and help existing customers access new markets through a single integration.
By Prince Osuagwu, Hi-Tech Editor Challenges facing businesses especially in the area of cross-border payment may soon be over as a stablecoin-based infrastructure, Yellow Card, has disclosed a fresh $40 million funding to scale its technology and expand its global operations.
Vice-President, Operations and Managing Director, Nigeria, Yellow Card, Lasbery Oludimu, disclosed this at a media briefing, saying the company’s new direction was focused on solving practical payment and settlement challenges rather than cryptocurrency trading.
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