The funds bring Yellow Card’s total financing to more than $120 million since being founded 10 years ago. Yellow Card raised $40 million in strategic equity funding, lifting its total equity financing above $120 million at a valuation higher than its 2022 $200 million mark but still below $1 billion. The company is working with commercial banks worldwide to use stablecoins and onchain payments to move dollars across borders and compete with legacy systems such as Swift. Yellow Card plans to use…
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