Chris Maurice
About Chris Maurice
Chris Maurice CEO
Chris Maurice is the CEO and founder of Yellow Card Financial. He established the company in 2016, driven by a desire to improve cross-border financial transactions, especially between the United States and Africa. Maurice's leadership has been pivotal in steering the company towards rapid growth, ensuring it meets the financial needs of millions of users.
Yellow Card Foundation
Chris Maurice founded Yellow Card in 2016. The company emerged from his keen observations of the inefficiencies in cross-border financial transactions. Maurice was particularly inspired after meeting a man who paid $200 to send money from America to Nigeria but incurred a $90 fee by the bank. This incident emphasized the need for more cost-effective and accessible financial solutions, leading to the birth of Yellow Card.
Expansion of Yellow Card Across Africa
Under Chris Maurice's leadership, Yellow Card has expanded its operations to 20 African countries. The company's Nigerian launch in 2019 marked the beginning of its aggressive expansion strategy. By 2023, Yellow Card had successfully reached 1.7 million retail customers, highlighting its significant footprint in the African financial landscape.
Collaboration with Co-Founder Justin Poiroux
Chris Maurice met Justin Poiroux in 2018, and together they have steered Yellow Card towards success. Their partnership has been instrumental in the company's development and continuous growth in the competitive fintech market. Poiroux's technical expertise complements Maurice's vision, forming a robust foundation for the company's operations.
Yellow Card Awards and Achievements
In 2023, Yellow Card was recognized as the 'Disrupter of the Year' at the Africa Financial Industry Summit. This accolade reflects the company's innovative approach and impact on the financial services sector in Africa. Additionally, Yellow Card's growth included raising $1.5 million in seed funding in 2020 and securing investments from prestigious entities like Polychain and Celo.