Yellow Card Targets Global Expansion with New Funding

Stablecoin infrastructure provider Yellow Card has announced a successful $40 million funding round that will fuel its international expansion and development of enterprise financial solutions. The company’s leadership, including Group Vice President of Operations Lasbery Oludimu and Country Manager Osaro Jackson, outlined their strategic plans at a media briefing in Lagos on Wednesday.

The new investment is primarily earmarked for scaling Yellow Card’s Global USD Accounts—a comprehensive dollar account solution designed for corporate clients—and expanding the stablecoin payment rails that connect these accounts worldwide. According to Oludimu, this funding will enable a deliberate expansion into Asia-Pacific and Latin American markets while building necessary regulatory foundations.

“Our growth is not simply about entering more countries,” Oludimu emphasized. “We’re focused on creating reliable, compliant infrastructure that connects businesses across diverse markets.” Africa remains central to Yellow Card’s strategy despite this global push.

Key Highlights of the Funding Round:

• Total equity financing now exceeds $120 million since 2016
• Backed by SC Ventures (Standard Chartered), Sony Innovation Fund, Polychain Capital, and Blockchain Capital
• Investment signals growing institutional interest in stablecoins as essential financial infrastructure

From Crypto Exchange to Global B2B Provider

Yellow Card has undergone a significant transformation since launching in Nigeria in 2019. Initially a consumer-facing crypto exchange, the company now operates across 50+ markets and supports over 50 currencies with a comprehensive infrastructure stack that includes stablecoin payments, wallet services, fiat settlement rails, and local stablecoin issuance.

The platform currently serves major corporate clients such as Visa, Western Union, Mastercard, Thunes, MoneyGram, and PayPal.

Regulatory Compliance at the Forefront

Yellow Card’s expansion is underpinned by a proactive approach to regulatory compliance. The company recently secured AML authorization in Switzerland through its wholly-owned subsidiary—a single regulated entry point for clients accessing Yellow Card’s infrastructure across multiple regions.

This complements existing licenses including:

• First VASP license on the African continent (Botswana)
• Financial Services Provider, Crypto Asset Service Provider, and Third-Party Payment Provider licenses in South Africa
• Money Services Business registration with FinCEN in the U.S.

With a compliance-first architecture encompassing KYC/KYB verification, transaction monitoring, sanctions screening, and anti-bribery measures, Yellow Card has earned seven nominations for the 2026 Morgans Governance, Risk Management, and Compliance Awards.