In a press statement on the seed round, YellowCard said:
With this funding, Yellow Card plans to expand even further and become the dominant exchange across the continent. Along with the fundraise, Yellow Card is announcing that it will be launching its services in Kenya and Cameroon starting September 1.
What’s more, the firm also announced that Jason Marshall, former senior director of payment services at Walmart, has joined the YellowCard team as its chief operating officer.
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