Stablecoin infrastructure provider Yellow Card has closed a USD 40 million strategic funding round to scale its Global USD Accounts and deepen its presence in Latin America and Asia Pacific, the company said in a statement on 4 August 2026. The round takes total equity financing raised by the company to more than USD 120 million.
Backers of the new round include SC Ventures, the innovation and investment arm of Standard Chartered, Sony Innovation Fund, Polychain Capital and Blockchain Capital, alongside other strategic investors. Yellow Card said the investment from Sony Innovation Fund reflects growing institutional interest in stablecoins for payments globally and will allow it to deepen its reach in Asia-Pacific.
GLOBAL USD ACCOUNTS AT THE CORE
Yellow Card said the funding will scale its Global USD Accounts product, deepen its presence in Latin America and Asia Pacific and expand the local payment rails and currency coverage needed to scale globally. The Global USD Accounts give businesses a single account to hold US dollars, hold and swap stablecoins, manage treasury, and collect and disburse local currencies on domestic rails in more than 50 countries, and are already used by customers including Visa and Western Union.
Sony Ventures-US managing director Austin Noronha said Yellow Card is expanding "beyond Africa into broader emerging markets across LATAM, EMEA, and APAC".
Chief executive and co-founder Chris Maurice said "the bigger opportunity now is connecting banks themselves to stablecoin rails".
LICENCES ACROSS 22 JURISDICTIONS
Yellow Card said it holds licences, authorisations and registrations across 22 jurisdictions in North America, Europe and Africa. The company said it has facilitated more than USD 10 billion in transactions across its network and supports more than 50 currencies.
The company describes itself as a stablecoin infrastructure provider enabling banks, fintechs and multinational businesses to access US dollars, manage treasury and move money across borders. It also cites strategic partnerships with Visa, Mastercard, PayPal and Coinbase.
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