Yellow Card Secures $40M for Global Expansion Plans

Yellow Card, a leading licensed stablecoin infrastructure and payments provider, is advancing its global expansion plan following a $40 million strategic funding round. This funding round included investments from SC Ventures by Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and other strategic investors, raising Yellow Card’s total equity financing to over $120 million.

Lasbery Oludimu, the Group Vice President of Operations and Managing Director of Yellow Card Nigeria, announced the global expansion plan during a media briefing in Lagos. The funding will support the expansion of Global USD Accounts and strengthen stablecoin connections across markets.

Yellow Card now operates in over 50 markets, providing stablecoin payments, fiat settlement rails, wallet services, and custom local stablecoin issuance. Oludimu emphasized that the expansion is focused on building the necessary infrastructure, regulatory foundations, and partnerships to operate globally, while still keeping Africa central to their strategy.