Onramper announced a partnership with Yellow Card, Africa’s leading stablecoin on- and off- ramp, to enhance fiat-to-crypto onboarding across the continent. As part of the collaboration, Onramper will integrate Yellow Card’s on- and off-ramps into its aggregation offering.
Yellow Card launched in Nigeria in 2019 and has quickly become one of Africa’s fastest-growing fintechs, now present in 20 countries with over 1.7 million retail customers. It is the first and largest licensed stablecoin on- and off-ramp on the African continent, providing secure and cost-effective methods to buy and sell USDT, USDC, and PYUSD via local currency and its Payments API.
Onramper will add three of Yellow Card’s local payment methods to its growing stack, enabling the purchase of stablecoins (and other coins) in 20 African countries using local mobile money, bank transfers, and instant peer to peer bank transfers.
Notably, Nigeria ranked #2 in the Chainalysis 2024 Global Crypto A
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