> ## Content Index
> Fetch the complete content index at: https://www.techloy.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# South African fintech startup Yellow raises $20 million in funding
- URL: https://www.techloy.com/south-african-fintech-startup-yellow-raises-20-million-in-funding/
- Published: 2022-07-04T09:00:23.000Z
- Updated: 2022-12-08T01:50:16.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Tech in South Africa

[Yellow,](https://www.yellow.africa/) a South Africa-based fintech startup has raised $20 million in debt financing from Lion's Head Global Partner Asset Management, Triple Jump, SunFunder, and Trine.

- The financing will enable the startup to get resources to serve one million more people.
- Yellow uses software to provide affordable financing solutions for people in Africa to acquire household products.
- It combines smart finance and technology to enable better lives for the underserved communities in the region.
- With operations in South Africa, Malawi, Uganda, Rwanda, and Zambia, the startup has facilitated electricity (solar) to over 240,000 households since its launch.