Yellow Card acquires Brazilian crypto firm GoMoney, expands Latin American operations
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Nairametrics
Reported by Samuel Daniel
Thu, 5 Nov 2026, 17:34
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Source Attribution: Nairametrics
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Yellow Card, the stablecoin payments infrastructure provider with operations in Nigeria, has acquired Brazilian virtual asset service provider GoMoney Sociedade Prestadora de Serviços de Ativos Virtuais Ltda. (GoMoney) as it expands its presence in Latin America. Yellow Card said the acquisition would enable it to combine GoMoney’s local payment infrastructure with its existing treasury and liquidity services, giving international businesses access to Brazilian payment channels and stablecoin settlement.
Context & Background
✦The transaction forms part of Yellow Card’s broader strategy to expand its global financial infrastructure network and provide businesses with cross-border payment, treasury and liquidity services across more markets.
Key Figures & Named Entities
Thursday:The company announced the acquisition on Thursday, November 5, saying the transaction establishes its direct operations in Brazil and allows it to offer local collections and disbursements in Brazilian reais through payment channels such as Pix, alongside stablecoin settlement services.2022:GoMoney has applied to the Banco Central do Brasil (BCB) for authorisation to operate as a virtual asset service provider under Brazil’s Law No. 14,478/2022 and BCB Resolution No. 519/2025.2025:FCCPC survey finds inadequately fortified vegetable oil, salt samples in Nigerian marketsFG blames gas shortages, low water inflows for Nigeria’s power blackoutsNigeria records 3.33 million barrels of crude oil theft in 2025 – NUPRCGoMoney to retain founders under new ownership GoMoney, founded in 2018 and headquartered in São Paulo, will continue operating as a wholly owned subsidiary of Yellow Card under the leadership of its founders.
Outlook & Next Steps
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Key Takeaways
Verified Extract
✦Yellow Card, the stablecoin payments infrastructure provider with operations in Nigeria, has acquired Brazilian virtual asset service provider GoMoney Sociedade Prestadora de Serviços de Ativos Virtuais Ltda. (GoMoney) as it expands its presence in Latin America.
✦Yellow Card said the acquisition would enable it to combine GoMoney’s local payment infrastructure with its existing treasury and liquidity services, giving international businesses access to Brazilian payment channels and stablecoin settlement.
✦The transaction forms part of Yellow Card’s broader strategy to expand its global financial infrastructure network and provide businesses with cross-border payment, treasury and liquidity services across more markets.
Key Facts:Thursday: The company announced the acquisition on Thursday, November 5, saying the transaction establishes its direct operations in Brazil and allows it to offer local collections and disbursements in Brazilian reais through payment channels such as Pix, alongside stablecoin settlement services.2022: GoMoney has applied to the Banco Central do Brasil (BCB) for authorisation to operate as a virtual asset service provider under Brazil’s Law No. 14,478/2022 and BCB Resolution No. 519/2025.2025: FCCPC survey finds inadequately fortified vegetable oil, salt samples in Nigerian marketsFG blames gas shortages, low water inflows for Nigeria’s power blackoutsNigeria records 3.33 million barrels of crude oil theft in 2025 – NUPRCGoMoney to retain founders under new ownership GoMoney, founded in 2018 and headquartered in São Paulo, will continue operating as a wholly owned subsidiary of Yellow Card under the leadership of its founders.2025: According to Chainalysis, Brazil recorded $252.5 billion in cryptocurrency activity between July 2025 and June 2026, making it the region’s largest crypto market.
Editorial Excerpt
Yellow Card, the stablecoin payments infrastructure provider with operations in Nigeria, has acquired Brazilian virtual asset service provider GoMoney Sociedade Prestadora de Serviços de Ativos Virtuais Ltda. (GoMoney) as it expands its presence in Latin America.
Frequently Asked Questions About This Story
What is the key takeaway from this report?
Yellow Card, the stablecoin payments infrastructure provider with operations in Nigeria, has acquired Brazilian virtual asset service provider GoMoney Sociedade Prestadora de Serviços de Ativos Virtuais Ltda. (GoMoney) as it expands its presence in Latin America.
What additional context is highlighted in this report?
Yellow Card said the acquisition would enable it to combine GoMoney’s local payment infrastructure with its existing treasury and liquidity services, giving international businesses access to Brazilian payment channels and stablecoin settlement.
What timeline or key figures were confirmed?
The company announced the acquisition on Thursday, November 5, saying the transaction establishes its direct operations in Brazil and allows it to offer local collections and disbursements in Brazilian reais through payment channels such as Pix, alongside stablecoin settlement services.
