Yellow Card, a licensed stablecoin infrastructure and payments provider, is accelerating its international expansion after securing $40 million in strategic funding, taking its total equity financing to more than $120 million as it positions its African-rooted business for a larger role in global payments.
The latest funding round, announced on August 4, attracted investment from SC Ventures by Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital and other strategic investors.
The capital is expected to support the expansion of Yellow Card’s Global USD Accounts, an end-to-end dollar account designed for businesses, while strengthening the stablecoin payment rails connecting its markets and supporting deeper expansion into Latin America and Asia-Pacific.
Speaking at a media briefing in Lagos, Lasbery Oludimu, group vice president of Operations and managing director of Yellow Card Nigeria, said the company’s growth strategy was no longer centred simply on adding countries, but on building the infrastructure, regulatory systems and institutional relationships required to operate sustainably across markets.
“Our growth is not simply about entering more countries. We are building the infrastructure, regulatory footprint and partnerships required to connect businesses across markets reliably and compliantly. Africa remains central to that story, even as we expand globally,” Oludimu said.
