Yellow Card Acquires GoMoney as Brazil Stablecoin Activity Jumps

By Olivia Hart

Yellow Card, a global stablecoin payments infrastructure company, said it acquired Brazilian virtual asset service provider GoMoney in October 2026, establishing direct operations in what it calls Latin America's largest cryptocurrency market.

The purchase followed Yellow Card's $40 million financing in August 2026 and will combine Brazilian payment access with the company's international stablecoin settlement, treasury and liquidity tools. Yellow Card's announcement did not disclose the purchase price, expected revenue contribution or integration timetable.

What has Yellow Card bought?

GoMoney's formal legal name is GoMoney Sociedade Prestadora de Serviços de Ativos Virtuais Ltda. Yellow Card identifies 2018 as its founding year and São Paulo as its operating base. The company enables international businesses to accept payments from Brazilian customers, including through Pix, and settle those transactions using digital assets.

GoMoney will remain a wholly owned Yellow Card subsidiary under its existing founders, Yellow Card said. That structure preserves local leadership while bringing the Brazilian business into the group's payment network.

Chris Maurice, co-founder and CEO of Yellow Card, said:

“Building global financial infrastructure requires compliance with local frameworks, local payment rails, and local expertise and relationships to operate effectively.

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.”

The purchase adds local operating history, but not final regulatory status.

How will customers pay and settle?

Through GoMoney, Yellow Card said it can offer customers local collections and disbursements in Brazilian reais alongside stablecoin settlement services. Yellow Card will integrate those capabilities with its existing treasury and liquidity infrastructure across other markets.

The broader platform serves financial institutions, fintech companies and multinational businesses with infrastructure for accessing U.S. dollars, managing liquidity and transferring funds internationally. Yellow Card said its network supports more than 50 currencies and maintains a significant presence in emerging markets.

Maurício Pires, founder and chief executive of GoMoney, said:

“We have spent the last eight years building a virtual asset service provider business in Brazil focused on using Stablecoins as a means of effecting cross-border payments, similar to what Yellow Card has been doing in Africa and globally over the same period.

We are excited to become part of the Yellow Card team, and look forward to expanding our business in Brazil and throughout Latin America.”

Customers gain local payment access, while Yellow Card gains Brazilian collections, disbursements and stablecoin settlement.

What remains before full authorization?

According to Yellow Card, GoMoney has applied to Banco Central do Brasil to operate as a virtual asset service provider under Law No. 14,478/2022 and Central Bank Resolution No. 519/2025. The company continues operating under Brazil's transitional regulatory framework while its application awaits review.

Yellow Card said completion of the acquisition did not itself constitute regulatory approval. The transaction nevertheless fits Yellow Card's broader strategy of establishing locally compliant operations and integrating domestic payment systems with international financial infrastructure.

GoMoney can keep operating, but its final status awaits the central bank.

How large is Brazil's crypto market?

Yellow Card presents Brazil as a significant opportunity for stablecoin-enabled financial services. According to Chainalysis figures cited by Yellow Card, the country recorded approximately $252.5 billion in cryptocurrency activity between July 2025 and June 2026. That figure covers a 12-month period and measures market activity rather than Yellow Card's revenue.

The same research identified a 495% increase in Brazilian stablecoin activity across the 2024-2026 comparison period, equal to nearly six times the starting level. Yellow Card linked that growth to interest in cross-border transfers, treasury management and business payments.

The market data supports Yellow Card's expansion case, but not a revenue forecast.

How does the financing fit?

Yellow Card said its $40 million financing in August 2026 included investments from Standard Chartered Bank and Sony. The announcement did not say those proceeds would fund the acquisition or disclose the investors' stakes.

Yellow Card said it has secured regulatory approvals and registrations in Canada, Switzerland, Nigeria, Ghana and Zimbabwe. The GoMoney purchase strengthens its Latin American presence and expands its ability to serve international businesses seeking local Brazilian payment access and stablecoin settlement.

The next checkpoint is the Banco Central do Brasil's review. Until it rules, GoMoney will operate under the transitional framework, and Yellow Card's Brazilian expansion will rest on local execution rather than completed authorization.