Yellow Card Raises $40 Million to Expand Stablecoin Payment Infrastructure Beyond Africa

Yellow Card, an Africa-founded stablecoin infrastructure provider, secured $40 million in strategic equity funding in August 2026, raising its total equity financing to over $120 million. Backed by SC Ventures and Sony Innovation Fund, the company is expanding its Global USD Accounts and stablecoin payment rails into Latin America and the Asia-Pacific region. Yellow Card, which has processed over $10 billion in transactions, is pivoting from retail trading to B2B infrastructure to connect commercial banks directly on-chain.

$40 million funding round

• ▪Yellow Card's valuation in its August 2026 funding round was reportedly above $200 million but below $1 billion, according to a source familiar with the financing.
• ▪Yellow Card secured $40 million in strategic equity funding in August 2026, bringing its total equity financing to more than $120 million.
• ▪Yellow Card has processed over $10 billion in transactions across its payment network since its founding.

Global USD Accounts product expansion

• ▪Yellow Card plans to use the $40 million funding raised in August 2026 to scale its Global USD Accounts product for businesses.
• ▪Yellow Card's Global USD Accounts product is utilized by corporate customers including Visa and Western Union.
• ▪Yellow Card's Global USD Accounts product allows businesses to hold U.S. dollars, swap stablecoins, manage treasury, and collect or disburse local currencies in over 50 countries.

Stablecoin payment infrastructure strategy

• ▪Yellow Card supports more than 50 currencies and holds licenses, authorizations, or registrations in 22 jurisdictions across North America, Europe, and Africa.
• ▪Yellow Card announced a strategic pivot to stop serving retail cryptocurrency customers from January 1, 2026, to focus exclusively on business-to-business stablecoin infrastructure.
• ▪Yellow Card CEO Chris Maurice stated that the company's long-term strategy is to connect commercial banks directly to stablecoin rails for on-chain payments.

Geographic expansion plans

• ▪Yellow Card is seeking licensing under the Nigerian Securities and Exchange Commission's Accelerated Regulatory Incubation Programme.
• ▪Yellow Card plans to expand its stablecoin payment rails and local payment options into Latin America and the Asia-Pacific region using the August 2026 funding.

Institutional investor participation

• ▪SC Ventures CEO Alex Manson stated that stablecoin adoption depends on robust infrastructure and real-world utility, which Yellow Card is building across Africa.
• ▪The August 2026 strategic funding round for Yellow Card was backed by SC Ventures, Sony Innovation Fund, Polychain Capital, and Blockchain Capital.
• ▪Sony Ventures-US Managing Director Austin Noronha stated that Yellow Card provides the stablecoin infrastructure layer emerging markets need to move money at a global scale.