Yellow Card Secures USD 40m Strategic Round from Sony Innovation Fund and others to Accelerate Global Stablecoin Expansion
Stablecoin infrastructure provider Yellow Card has closed a $40 million strategic funding round, bringing its total equity financing to over $120 million.
The latest capital injection was led by major institutional and venture backers, including SC Ventures (Standard Chartered's innovation arm), Sony Innovation Fund, Polychain Capital, and Blockchain Capital.
Key Takeaways
- Strategic Capital: The $40 million raise is designed to scale Yellow Card’s business-focused product, Global USD Accounts, and expand its underlying stablecoin payment rails globally.
- Global Footprint Expansion: While rooted in Africa, the fresh capital will directly support Yellow Card's expansion into Latin America (LATAM), Europe, the Middle East, and Africa (EMEA), as well as the Asia-Pacific (APAC) region.
- Institutional Backing: Investors pointed to growing institutional adoption of stablecoins as a primary driver. "The investment... reflects growing institutional interest in stablecoins for payments globally and will allow Yellow Card to deepen its reach in Asia-Pacific," stated Austin Noronha, Managing Director at Sony Ventures-US.
- Bridging Traditional Banking: CEO and Co-Founder Chris Maurice highlighted that the broader market opportunity lies in connecting commercial banks directly to stablecoin infrastructure. Doing so provides businesses with alternative dollar access outside traditional correspondent banking networks.
Scale & Compliance Metrics
To date, Yellow Card reports significant operational growth across several financial and regulatory metrics:
| Metric | Details |
| Total Transaction Volume | Facilitated over $10 billion |
| Supported Currencies | More than 50 local and digital currencies |
| Local Payment Coverage | Local fiat payment rails in over 50 countries |
| Regulatory Footprint | Licenses and registrations in 22 jurisdictions across North America, Europe, and Africa |
| Enterprise Clients & Partners | Visa, Mastercard, PayPal, Coinbase, and Western Union |
The funding will allow Yellow Card to broaden local currency coverage and strengthen its payment infrastructure as traditional financial players increasingly adopt stablecoin networks.

