Yellow Card

Yellow Card provides B2B digital asset and fiat payments infrastructure — it is not a consumer-facing app. The firm operates an API and a Treasury Portal that let banks, fintechs, and corporates send, receive, and store value across stablecoins and 50-plus local currencies. Its infrastructure supports wallet provisioning for businesses and their end customers, stablecoin on/off-ramps, yield products, and card issuance. A disclosed partnership with Visa demonstrates the firm's role improving cross-border treasury liquidity. The company pivoted fully out of retail services by early 2026.

Yellow Card emphasizes licensing and compliance infrastructure as a core differentiator, operating across 35 countries including multiple African nations and markets such as Brazil, India, Mexico, Singapore, and Hong Kong. Its compliance stack includes sanctions screening, AML monitoring, Travel Rule compliance, strict KYB and KYC requirements, anti-bribery and corruption controls, and transaction authorization policy management. The firm markets this regulatory posture as the foundational trust layer that enables enterprise adoption in complex jurisdictions.

Yellow Card does not operate as a traditional asset manager or family office and has not disclosed an AUM figure. The company reports over $6 billion in processed volume, a throughput metric typical of payments infrastructure firms rather than a pool of committed capital. Revenue comes from transaction volume and API usage — not management or performance fees on third-party assets. The firm lists backing from 'leading global businesses' but does not name specific investors on its current website.

The platform supports 35 countries, with a particular concentration in Africa — 20 countries on the continent are served. Beyond Africa, Yellow Card operates in other emerging markets including Brazil, India, Mexico, and China, and maintains a presence in financial hubs Singapore and Hong Kong. This geographic scope reflects a focus on corridors where legacy correspondent banking creates the highest friction and cost for cross-border business payments.

Integration is handled through an API Suite for developers and a Treasury Portal for corporate users. The API provides programmatic access to digital asset and fiat payment rails — covering stablecoin settlement, local currency off-ramps, wallet creation, and card programs. The Treasury Portal serves treasury and finance teams managing liquidity, payment execution, and account operations. All new business flows through a dedicated enterprise inquiry process, not self-service sign-up.

The firm supports payment execution in over 50 local currencies plus USD, and settlement across 'all major Stablecoins and blockchains' per its website. Exact stablecoin and chain names are not enumerated in public materials. On the fiat side, the infrastructure provides USD and EUR bank account provisioning for customer accounts and global USD payment capabilities. The combination aims to reduce dependency on single-currency corridors and traditional correspondent banking networks.

Yellow Card's website confirms that by 2026 the company no longer offered retail accounts, directing former consumers to a support email and routing all new inquiries through a B2B-only business contact form. The shift reflects a strategic decision to concentrate on higher-volume, institutionally compliant infrastructure revenue rather than a consumer exchange model. This move eliminates the regulatory and capital costs of serving retail users and aligns the business with long-term stablecoin payment utility rather than retail speculation.