Fintech company Centi broadens its African reach through collaboration with Yellow Card
In a significant move to streamline cross-border remittances, leading global payment companies have been partnering with African crypto firms. These collaborations aim to revolutionise the way money is transferred across borders, particularly in Africa.
One such partnership is between Yellow Card, a well-known African crypto firm, and Coinbase, a global leader in cryptocurrency. This alliance enables users to send and receive funds across borders using stablecoins, a digital currency designed to maintain a stable value.
Yellow Card's partnership with Coinbase is not the only collaboration of its kind. The company has also partnered with Block, formerly known as Square, to further expand its cross-border remittance services. This partnership, announced in 2023, allows for cross-border remittances into 16 African countries.
These collaborations around stablecoins have the potential to significantly reduce the number of middlemen involved in settling cross-border transactions, thereby contributing to reduced fees.
Last year, American crypto exchange Coinbase partnered with Yellow Card to facilitate seamless conversion from fiat to cryptocurrency and back through Coinbase Wallet. This partnership is another step towards making cryptocurrency adoption in Africa more accessible and efficient.
While specific recent partnership announcements involving all these companies together or focusing on cross-border remittances in Africa are not detailed in the latest search results, it is clear that these companies are actively working towards simplifying and expanding cross-border remittances in Africa.
As of mid-2025, companies like Yellow Card have been active in cryptocurrency adoption in Africa, and Coinbase and Block have been expanding their crypto and payment services globally. The potential for these collaborations to revolutionise the remittance landscape in Africa is immense, and it will be interesting to see how these partnerships evolve in the future.
Africa's crypto landscape is evolving through partnerships with global fintech leaders, as evident in Yellow Card's collaboration with Coinbase for cross-border stablecoin remittances. These partnerships have the potential to significantly minimize middlemen in cross-border transactions, reducing fees and enhancing efficiency in African finance with the aid of technology.
