Yellow Card, the stablecoin funds infrastructure supplier with operations in Nigeria, has acquired Brazilian digital asset service supplier GoMoney Sociedade Prestadora de Serviços de Ativos Virtuais Ltda. (GoMoney) because it expands its presence in Latin America.
The firm introduced the acquisition on Thursday, November 5, saying the transaction establishes its direct operations in Brazil and permits it to supply native collections and disbursements in Brazilian reais by way of cost channels reminiscent of Pix, alongside stablecoin settlement providers.
GoMoney has utilized to the Banco Central do Brasil (BCB) for authorisation to function as a digital asset service supplier below Brazil’s Law No. 14,478/2022 and BCB Resolution No. 519/2025.
Its utility stays topic to regulatory overview and approval, whereas the corporate continues working below the nation’s transitional framework.
GoMoney to retain founders below new possession
GoMoney, based in 2018 and headquartered in São Paulo, will proceed working as an entirely owned subsidiary of Yellow Card below the management of its founders.
Chris Maurice, Co-founder and Chief Executive Officer of Yellow Card, stated the acquisition would strengthen the corporate’s capability to function inside native regulatory frameworks and cost methods.
- “Building global financial infrastructure requires compliance with local frameworks, local payment rails, and local expertise and relationships to operate effectively,” Maurice stated.
- “GoMoney has built a strong foundation in Brazil over the last eight years, and bringing our businesses together will allow us to deliver greater value to customers while accelerating our long-term ambitions,” he added.
Maurício Pires, GoMoney’s founder and Chief Executive Officer, stated the corporate had spent eight years constructing a digital asset service supplier enterprise centered on utilizing stablecoins for cross-border funds.
He added that becoming a member of Yellow Card would assist its growth in Brazil and throughout Latin America.
The transaction kinds a part of Yellow Card’s broader technique to develop its international monetary infrastructure community and supply companies with cross-border cost, treasury and liquidity providers throughout extra markets.
Brazil’s rising stablecoin market
The acquisition comes as Brazil strengthens its place as Latin America’s largest cryptocurrency market, creating alternatives for stablecoin-based monetary providers.
According to Chainalysis, Brazil recorded $252.5 billion in cryptocurrency exercise between July 2025 and June 2026, making it the area’s largest crypto market.
The report additionally discovered that stablecoin exercise in Brazil elevated by 495% throughout its 2024–2026 comparability interval, supported partly by rising enterprise functions reminiscent of cross-border transfers and liquidity administration.
Yellow Card stated the acquisition would allow it to mix GoMoney’s native cost infrastructure with its present treasury and liquidity providers, giving worldwide companies entry to Brazilian cost channels and stablecoin settlement.
Yellow Card expands following $40 million funding
The acquisition follows Yellow Card’s $40 million financing spherical in August 2026, which included investments from Standard Chartered Bank and Sony.
The firm has additionally secured regulatory approvals and registrations in a number of markets, together with Canada, Switzerland, Nigeria, Ghana and Zimbabwe.
Yellow Card stated its subsequent section of progress would deal with deepening its presence in strategic markets, increasing its product capabilities and strengthening partnerships to assist companies working throughout worldwide markets.
Stablecoin funds achieve traction in Africa
Yellow Card’s growth into Brazil comes amid rising adoption of stablecoins for cross-border funds and treasury administration throughout rising markets, with African fintech corporations more and more constructing infrastructure across the digital belongings.
In June 2026, Nairametrics reported that Flutterwave partnered with Tempo to build stablecoin-powered payment infrastructure across Africa, concentrating on quicker and cheaper cross-border transactions for companies and people.
