Yellow Card Raises $40M to Expand Stablecoin Payment Infrastructure
Yellow Card has raised $40 million in a round backed by SC Ventures and Sony, with the funding earmarked to expand its stablecoin payment infrastructure across Africa and into Latin America and Asia-Pacific. The raise is being read as validation of stablecoin rails as serious African fintech infrastructure.
Yellow Card: SC Ventures didn't fund a promise — it funded proof
Standard Chartered's venture arm and Sony don't back concepts. They back infrastructure that already works at scale.
Yellow Card's $10 billion in processed transactions and 22 active licences across Africa is what actually sold this round — not the stablecoin narrative, but the boring, hard-won evidence that the system holds up under pressure.
That's the real story for anyone building here: compliance and regulatory groundwork, the work founders complain about most, is exactly what converted African proof into global institutional capital.
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- Yellow Card raises $40 million to grow stablecoin payments · techtrendske.co.ke · T2