Yellow Card secures $40m funding to expand stablecoin payment infrastructure globally
Digitnomics 
By Nonye Ngoka
Yellow Card, a leading global stablecoin infrastructure provider, has raised $40 million in a strategic funding round to accelerate its global expansion and strengthen its cross-border payment infrastructure for businesses and financial institutions.
The investment round attracted participation from SC Ventures by Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital, alongside other strategic investors. The latest raise brings the company’s total funding to more than $120 million.
According to the company, the new capital will be deployed to expand Global USD Accounts, its flagship solution that enables businesses to hold U.S. dollars, manage treasury operations, swap stablecoins, and send or receive funds through local payment rails across more than 50 countries.
The funding will also support Yellow Card’s expansion into Latin America and the Asia-Pacific region, while increasing local currency coverage and strengthening payment infrastructure connecting businesses to global markets.
Alex Manson, Chief Executive Officer of SC Ventures, said stablecoins are becoming a permanent feature of global finance, but their widespread adoption will depend on reliable infrastructure and practical use cases.
“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. We believe Yellow Card is well positioned to scale across Africa and beyond and look forward to supporting its next phase of growth,” he said.
Sony Innovation Fund said its investment reflects growing institutional confidence in stablecoin-powered payments.
Austin Noronha, Managing Director of Sony Ventures-US, said Yellow Card’s combination of robust APIs, deep local fiat payment rails, institutional-grade security and a regulatory-first strategy positions it to become a trusted bridge between conventional finance and the next generation of digital money.
He added that the company is well positioned to support banks, fintechs and enterprises seeking faster, more reliable and cost-effective cross-border payment solutions.
Commenting on the funding, Yellow Card Chief Executive Officer and Co-Founder, Chris Maurice, said the company has spent years building infrastructure that enables businesses to move money globally without relying on traditional correspondent banking systems.
“This investment is a vote of confidence in what we’ve spent years building: the infrastructure that lets global businesses move money without traditional correspondent banking. The bigger opportunity now is connecting banks directly to stablecoin rails, unlocking dollar access for millions of businesses that have been underserved by legacy financial systems,” Maurice said.
He noted that financial institutions are increasingly exploring stablecoin infrastructure as a way to modernise international payments and improve access to U.S. dollar liquidity.
Yellow Card said its Global USD Accounts are already being used by multinational organisations, including Visa and Western Union, allowing businesses to hold dollars, manage treasury, exchange stablecoins and settle payments using domestic banking rails.
The company has processed more than $10 billion in transaction volume across its network, supports over 50 currencies, and holds licences, authorisations and registrations in 22 jurisdictions across North America, Europe and Africa.
Its growing network of strategic partners includes Visa, Mastercard, PayPal and Coinbase, reinforcing its position as one of the leading stablecoin infrastructure providers serving businesses across emerging markets.
As global demand for faster and more affordable cross-border payments continues to rise, Yellow Card says it is positioning itself as the infrastructure layer connecting traditional financial institutions with the rapidly evolving digital asset economy.
