Yellow Card, the emerging-market stablecoin infrastructure provider, has closed a $40 million strategic funding round. The raise pushes the company’s total equity financing past $120 million as it accelerates its expansion from an African crypto-fiat bridge into a global B2B payment rail connecting commercial banks, fintechs, and enterprises across Latin America (LatAm) and the Asia-Pacific (APAC) region.
1. Investor Breakdown & Funding Details
The strategic round attracted major institutional asset managers, corporate venture arms, and Web3 investors:
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Key Strategic Backers: SC Ventures (the innovation and investment arm of Standard Chartered) and Sony Innovation Fund.
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Participating Investors: Polychain Capital, Blockchain Capital, and other strategic venture partners.
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Cumulative Capital Raised: Over $120 million in total equity financing.
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Valuation Trajectory: The round reportedly values Yellow Card significantly higher than its $200 million valuation in 2022.
2. Global USD Accounts & Enterprise Product Focus
Capital from the round will primarily scale Yellow Card’s flagship Global USD Accounts platform, enabling businesses to manage treasury operations and move value onchain without relying on traditional correspondent banking networks.
Core Infrastructure Capabilities
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Unified USD Accounts: Provides corporate clients with a single portal to hold US dollars, hold and swap stablecoins, and manage corporate liquidity.
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Local Payment Rail Integration: Enables real-time collections and payouts in local fiat currencies via domestic payment systems across more than 50 countries.
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Institutional Bank Bridge: Connects traditional commercial banking institutions directly to blockchain-based stablecoin rails to streamline cross-border transfers.
3. Operational Scale & Key Metrics
Yellow Card’s strategic pivot from retail crypto exchanges to corporate liquidity processing has expanded its operational footprint across multiple continents:
| Operational Metric | Performance Figure |
| Co-Founders | Chris Maurice (CEO) & Justin Poiroux (CTO) |
| Total Processed Volume | > $10 Billion in total transactions |
| Regulatory Registrations | Licensed or registered in 22 jurisdictions across Africa, Europe, and North America |
| Global Headcount | 200+ employees across 20 countries |
| Currencies Supported | > 50 local fiat currencies and digital assets |
| Key Partners & Clients | Visa, Western Union, Mastercard, PayPal, and Coinbase |
4. Key Leadership & Investor Perspectives
“This investment is a vote of confidence in what we’ve spent years building: the infrastructure that lets global businesses move money without a traditional correspondent banking. But the bigger opportunity now is connecting banks themselves to stablecoin rails. When institutions plug into this infrastructure, they’re not just modernizing payments, they’re unlocking dollar access for millions of businesses that traditional correspondent banking has left behind.”— Chris Maurice, CEO and Co-Founder of Yellow Card
“Stablecoins are here to stay, but their adoption will depend on robust infrastructure and clear real-world utility. Yellow Card is building those rails for businesses across Africa, enabling them to access and move value efficiently across markets.”— Alex Manson, CEO of SC Ventures
“By combining robust APIs, deep local fiat rails, institutional-grade security, and a strong regulatory-first approach, Yellow Card is making stablecoin-powered payments practical for banks, fintechs, and enterprises… We look forward to supporting its vision of becoming a trusted bridge between traditional finance and the next generation of digital money.”— Austin Noronha, Managing Director of Sony Ventures-US
5. Strategic Implications for Emerging Market Finance
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Bypassing Correspondent Banking Bottlenecks: Traditional cross-border dollar transfers in emerging markets often incur steep transaction fees and processing delays. Stablecoin rails provide high-speed, low-cost settlement for B2B transactions.
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Institutional Pivot to Treasury Management: By focusing on larger B2B liquidity volumes, Yellow Card addresses corporate demand for reliable hard-currency liquidity and treasury management in regions with volatile local currencies.
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Cross-Continental Expansion: Scaling payment coverage into Latin America and Asia-Pacific positions Yellow Card to serve international trade corridors connecting emerging economies worldwide.
