Firm Secures Swiss AML Approval, Launches Regulated Stablecoin Gateway To Nigeria, Africa

Yellow Card has secured regulatory AML affiliation in Switzerland as a supervised financial intermediary.

The approval allows the company’s Swiss subsidiary to serve as a regulated counterparty for banking partners and institutional clients seeking compliant capital flows into Nigeria and 19 other African markets.

CEO and co-founder of Yellow Card, Chris Maurice, said, “stablecoins have become critical infrastructure for global institutions, and compliant access to the rails and payments is a requirement for companies looking to utilise this technology.

“Our Swiss subsidiary gives them a regulated, supervised counterparty for accessing our global Stablecoin infrastructure in Switzerland and across the U.S., Africa, LATAM, and other emerging markets, built on the network we already operate at scale.”

The general counsel of Yellow Card, Craig Stoehr, added, “For our banking partners and international clients, the compliance framework is not a formality, but rather a foundation. Switzerland holds financial intermediaries to some of the highest regulatory standards in the world, and our Swiss subsidiary was built to meet them. Combined with the licensed infrastructure already in place across our global network, this standard provides our partners a rare combination of regulatory confidence and real operational reach.”

Yellow Card stated that its Swiss subsidiary will be led by Ms Olpha Bribech, a member of Yellow Card’s senior management team. Yellow Card looks forward to expanding its presence in Lugano and to contributing to the city’s blockchain and digital asset community over time, while expanding access to emerging markets.

Yellow Card is the largest licensed Stablecoin-based infrastructure and payments provider operating across more than 50 emerging markets. From Stablecoin payment infrastructure to fiat settlement rails, wallet services, and custom local Stablecoin issuance, Yellow Card provides the complete infrastructure businesses need to manage Stablecoins, payments, and operations across emerging markets.

Yellow Card has partnered with companies such as Visa, Mastercard, Western Union, Thunes, and MoneyGram. The company has raised equity financing from leading venture capital firms, including Polychain Capital, Blockchain Capital, Valar Ventures, and Third Prime Ventures.