Yellow Card Partners with Onramper

Onramper today 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 Adoption Index, a report identifying countries leading the world in grassroots crypto adoption. Through Onramper’s partnership with Yellow Card, Nigerian users of all of Onramper’s clients can now easily access crypto.

“Nigeria is a key market for many digital wallets, with a large user base that seeks to onboard into the crypto ecosystem,” said Thijs Maas, CEO of Onramper. “Our work with Yellow Card will improve access to crypto, making it more localized for users in Nigeria and across Africa as a whole.”

Onramper’s industry-leading on-ramp aggregator enables users to purchase crypto across 190+ countries and 130+ local payment methods. This extensive geographic coverage is complemented by sophisticated routing engines that recommend the best conversion for users in real-time — maximizing the odds of a successful transaction and ensuring that users receive the most crypto for their fiat.

“As we continue to drive financial inclusion across Africa, our partnership with Onramper marks a pivotal step toward making digital assets more accessible and user-friendly. This collaboration is more than just a technological integration—it’s a pathway to economic resilience and a step forward in empowering Africans to take control of their financial futures,” said Gillian Darko, Chief of Staff and Director of Strategy at Yellow Card

With the addition of Yellow Card, Onramper boasts an impressive lineup of 27 on-ramps for the best crypto experience around the world.