Yellow Card Lands $40 Million Funding Round to Accelerate Global Reach

Nigeria-founded Yellow Card, a leading provider of stablecoin infrastructure, has closed a strategic funding round worth $40 million. This investment will fuel the company’s expansion efforts as it aims to connect traditional finance with digital money solutions worldwide.

Building Bridges Between Finance Systems

Yellow Card initially launched in Nigeria and now supports over 50 currencies, serving banks, fintech companies, and businesses needing access to US dollars and efficient cross-border payment capabilities. The latest funding round includes investments from SC Ventures by Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and other strategic partners.

With this additional capital, Yellow Card plans to scale its Global USD Accounts—end-to-end dollar account solutions for businesses—and expand the stablecoin network connecting markets globally. The company has now raised a total of over $120 million in funding.

Enabling Modern Financial Flows

“This investment validates our vision for how money should move in the 21st century,” said Chris Maurice, CEO and co-founder of Yellow Card. “We’re building infrastructure that lets businesses bypass traditional correspondent banking systems and access dollars more efficiently.” He added that stablecoins represent a permanent shift in payments technology.

The company’s approach combines robust APIs, local fiat rails, institutional-grade security, and regulatory compliance—making stablecoin solutions practical for banks, fintechs, and enterprises seeking to modernize their payment infrastructure.