Yellow Card Secures $40 Million in Strategic Funding to Further Global Expansion - IT News Africa - African Business Technology News

Yellow Card Secures $40 Million in Strategic Equity Funding to Further Global Expansion

Yellow Card raised $40 million (total $120M+) from SC Ventures, Sony Innovation Fund, and Polychain to scale stablecoin rails and Global USD Accounts across emerging markets. The deal signals institutional shift toward stablecoins as correspondent banking alternative, reshaping how enterprises and banks execute cross-border payment strategies at scale.