Yellow Card, the stablecoin infrastructure provider that has already processed over $10 billion in transactions across its network, has secured $40 million in strategic funding from a consortium that includes SC Ventures by Standard Chartered, Sony Innovation Fund, Polychain Capital and Blockchain Capital, bringing the company's total equity financing to more than $120 million.
The investment marks a significant endorsement of the company's pivot from retail cryptocurrency trading to enterprise-grade stablecoin infrastructure — a shift that has positioned it as a bridge between traditional finance and digital money for businesses across Africa and beyond.
SC Ventures CEO Alex Manson said the funding reflects growing conviction that stablecoins are here to stay, with adoption depending on "robust infrastructure and clear real-world utility". Yellow Card, he said, is "building those rails for businesses across Africa, enabling them to access and move value efficiently across markets".
The involvement of Sony Innovation Fund signals rising institutional interest in stablecoins for global payments and will allow Yellow Card to deepen its reach in Asia-Pacific. Austin Noronha, Managing Director of Sony Ventures-US, described Yellow Card as "the stablecoin infrastructure layer that emerging markets need to move money faster, more reliably, and at global scale".
The financing will scale Global USD Accounts, the company's end-to-end dollar account product for businesses. The accounts give companies a single platform to hold U.S. dollars, hold and swap stablecoins, manage treasury, and collect and disburse local currencies on domestic payment rails in over 50 countries . Global USD Accounts are already used by customers including Visa and Western Union.
Yellow Card CEO and Co-Founder Chris Maurice said the funding validates years of work building infrastructure "that lets global businesses move money without a traditional correspondent banking". He said the bigger opportunity now is "connecting banks themselves to stablecoin rails," adding that when institutions plug into this infrastructure, "they're not just modernising payments, they're unlocking dollar access for millions of businesses that traditional correspondent banking has left behind".
The company's strategic shift away from retail trading reflects broader transformation in the digital asset industry, where stablecoins — cryptocurrencies pegged to assets such as the U.S. dollar — are increasingly being adopted by businesses for international payments, remittances and treasury management due to lower costs and faster settlement compared to traditional banking systems. Yellow Card will stop serving retail customers from January 1, 2026, to focus exclusively on business-to-business stablecoin infrastructure.
Yellow Card supports more than 50 currencies and holds licences, authorisations and registrations in 22 jurisdictions across North America, Europe and Africa. The company's strategic partnerships with Visa, Mastercard, PayPal and Coinbase have established it as an infrastructure layer for global payments players.