African-led fintech firm, Yellow Card, has won the Grand Prix Award in the Payments category at the Money20/20 USA conference held in Las Vegas on October 26, 2025.
The award recognises Yellow Card’s transformative role in shaping the global payments landscape, ahead of leading financial giants including J.P. Morgan Payments, Mastercard, Zerohash, and Mynt.
In a statement following the announcement, Chris Maurice, CEO and Co-founder of Yellow Card, described the recognition as a defining moment in the company’s journey. “We are incredibly honoured to receive this recognition from Money20/20. This is more than a milestone; it solidifies our place as a key player in the industry and signals the growing global recognition of our mission,” he said.
He expressed gratitude to the company’s staff, partners, investors, and customers, noting that the award represented a collective achievement. “None of this would have been possible without our incredible team, partners, investors, and customers. This moment validates what we’ve achieved together and serves as a springboard for what comes next,” he added.
The accolade caps an exceptional year for the company, which has expanded its operations into major emerging markets including Brazil, India, and Mexico, as well as key global financial centres such as Singapore and Hong Kong. Yellow Card has also secured strategic partnerships with leading financial institutions such as Visa, further strengthening its position as a major player in cross-border payments.
Chief Technology Officer and Co-founder, Justin Poiroux, said the award was a reflection of the vast potential that still lies ahead for the company’s innovative stablecoin payment infrastructure. “We are only scratching the surface of what’s possible. We haven’t even begun to see how far this technology can go — the efficiencies, the connections, and the new markets it can unlock. If anything, this moment is the beginning of something much larger. And we’re only just getting started,” he stated.
Yellow Card’s B2B infrastructure has been the driving force behind its growth, providing banks, fintech companies, and enterprises with faster, more efficient ways to move value across borders using stablecoin technology.
Founded in Nigeria in 2019, Yellow Card has grown into the largest licensed stablecoin infrastructure provider across emerging markets, operating in 34 countries including 20 in Africa. The company has generated transaction volumes of nearly US$6 billion, with stablecoins accounting for 99 per cent of its total.