Yellow Card has raised $40 million in new funding as the company looks to connect banks to stablecoin processing, according to CoinDesk. The raise brings the crypto infrastructure firm’s total financing to more than $120 million since it was founded 10 years ago.
The latest round adds to a longer funding history for Yellow Card, which has positioned itself around stablecoin payments infrastructure. Based on the limited details available, the company appears to be targeting the banking layer of that market, where demand has been growing for tools that can help traditional financial institutions interact with stablecoins more efficiently.
Stablecoins have become one of the most closely watched segments in crypto because they are increasingly used for payments, transfers and treasury-related activity. Companies building settlement and processing rails around them have drawn interest from investors as banks and payment firms explore ways to integrate blockchain-based money movement without taking on direct crypto-market exposure. Yellow Card’s stated focus on linking banks to stablecoin processing fits that broader trend.
The funding total is notable on its own. More than $120 million raised over a decade suggests the company has continued to attract capital through multiple market cycles, even as sentiment toward crypto infrastructure has shifted over time. The new financing, however, does not by itself indicate any immediate change in business scale, customer adoption or revenue. Those details were not provided in the source material.
Yellow Card’s announcement comes amid ongoing institutional interest in stablecoin infrastructure, though the broader market remains shaped by regulatory scrutiny and uneven adoption across regions. The company’s ability to serve banks could depend on compliance requirements, product execution and the pace at which traditional finance firms are willing to adopt stablecoin-based systems.
CoinDesk reported the fundraise on Aug. 5, 2026. Further terms of the financing, including backers and valuation, were not included in the available information.
