Africa-Focused Crypto Exchange Yellow Card Bags Africa’s ‘Disrupter of the Year’ Award

Yellow Card, the Africa-focused crypto exchange, precocious won the African fiscal industry’s 2023 “Disrupter of the Year” award. The crypto exchange’s CEO described the grant arsenic a designation of Yellow Card’s relation successful “solving important, applicable problems crossed the continent for businesses.”

Award Reserved for Businesses Demonstrating ‘Resilience successful Complex Times’

In what has been described arsenic a archetypal for a crypto institution successful Africa, Yellow Card, the Africa-focused cryptocurrency exchange, was precocious awarded the fiscal industry’s “Disrupter of the Year” award. To triumph this year’s prize, Yellow Card, which is headquartered successful Nigeria, bushed concern platforms Bamboo and Ejara, financier Sparkle, and outgo level Moniepoint.

Join america to invited the newest summation to the Yellow Card team! We've conscionable bagged the prestigious "AFIS Disrupter of the Year Award!"#AFISAWARDS #DisrupteroftheYear #GoCryptoWithYellowCard pic.twitter.com/5qp9A8QgCv

— Yellow Card App (@yellowcard_app) November 17, 2023

According to the Africa Financial Industry Summit (AFIS), the designation fixed to Yellow Card astatine this year’s lawsuit is reserved for “a young institution that has demonstrated resilience successful these analyzable times and whose innovation represents a marketplace disruption.” In addition, the award-winning company’s enactment should person accrued importantly successful the twelvemonth nether review.

Chris Maurice, the laminitis and CEO of the crypto exchange, said the grant vindicates his firm’s stablecoin bet.

“This grant is further validation that our squad is solving important, applicable problems crossed the continent for businesses. We person travel a agelong mode for a stablecoin institution to triumph a accepted concern grant voted by judges who are each bankers,” Maurice explained.

The five-member sheet which adjudicated this year’s grant reportedly included the director-general of the Central Bank of Mauritania and the caput of innovation astatine Ecobank. According to a study successful The East African, the designation of Yellow Card by AFIS could beryllium a turning constituent for the integer assets manufacture not conscionable successful Africa, but globally.

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