Nigerian Fintech Goes Global as Yellow Card Raises $40M and PalmPay Eyes Hong Kong

Stablecoin payments infrastructure provider Yellow Card has secured $40 million in a strategic funding round, bringing its total funding to more than $120 million. The round attracted heavyweights including SC Ventures (Standard Chartered's innovation arm), Sony Innovation Fund, Polychain Capital, and Blockchain Capital. The fresh capital will scale its Global USD Accounts platform — an end-to-end dollar account solution enabling businesses to hold US...