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Yellow Card Wins Payments Award Over Global Industry Giants

Olushola Bello by Olushola Bello
7 months ago
in Business
Yellow Card
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Yellow Card, a stablecoin infrastructure provider for emerging markets, has won the Grand Prix Award in the Payments category at Money20/20 USA.

The award, presented in Las Vegas, recognised Yellow Card’s significant contributions to the global payments landscape, placing it ahead of J.P. Morgan Payments, Mastercard, Zerohash, Mynt, and many more.

This moment caps a groundbreaking year for the company, which secured strategic partnerships with the likes of Visa and expanded its footprint into major emerging markets, including Brazil, India, and Mexico, as well as established financial hubs like Singapore and Hong Kong.

The CEO and co-founder of Yellow Card, Chris Maurice, said, “We are incredibly honoured to receive this recognition from Money20/20.

This is more than a milestone; it solidifies our place as a key player in the industry and signals the growing global recognition of our mission.”

He noted that “none of this would have been possible without our incredible team, partners, investors, and customers. This moment validates what we have achieved together and serves as a springboard for what comes next.”

He added that “Yellow Card’s innovative B2B infrastructure has been the engine of its growth, enabling banks, fintechs, and enterprises to move value across borders with unprecedented efficiency.”

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The CTO and co-founder of Yellow Card, Justin Poiroux, added that “we are only scratching the surface of what’s possible. We have not even begun to see how far this technology can go, the efficiencies it can unlock, and the new markets it can connect. If anything, this moment is the beginning of something much larger.”

Yellow Card is the largest licensed stablecoin-based infrastructure provider operating in 34 countries, with a network spanning Africa and other key global markets. Its presence spans 20 African countries, major emerging markets such as Brazil, India, Mexico, and China, as well as established financial hubs like Singapore and Hong Kong.

From Stablecoin payment infrastructure to fiat settlement rails, custody wallet services, and custom local Stablecoin issuance, Yellow Card provides the complete à la carte infrastructure businesses need to manage Stablecoins, payments, and operations across emerging markets. Since launching its first product in Nigeria in 2019, we have generated volumes of almost $6 billion, 99 per cent of which is attributable to stablecoins.

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Olushola Bello

Olushola Bello

Olushola Bello is a Senior Journalist at Leadership Newspaper, reporting on Nigeria's capital market, industry sectors, and broader economic issues. She is known for high-impact stories and in-depth analysis on business developments and financial markets, underpinned by strong editorial judgement and a commitment to accuracy and fairness.

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