Yellow Card Acquires GoMoney to Accelerate Stablecoin Payments in Latin America

Yellow Card has completed the acquisition of Brazilian fintech GoMoney, marking a strategic move to establish a direct presence in Brazil and accelerate the development of its stablecoin payment services across Latin America. The transaction, finalized in October 2026 and announced on November 4, grants Yellow Card its first wholly-owned market in the region.

Operational Synergies and Local Infrastructure

This acquisition offers concrete operational benefits. By leveraging GoMoney’s local infrastructure, Yellow Card can now enable its professional clients to receive and make payments in Brazilian Reals (BRL), particularly through Pix, the country’s instant payment system. These funds can subsequently be settled in stablecoins—cryptocurrencies whose value is typically pegged to traditional fiat currencies, such as the US Dollar.

About GoMoney

Founded in 2018 and headquartered in São Paulo, GoMoney specializes in supporting international businesses seeking to receive payments in Brazil and settle transactions in digital assets. Following the acquisition, GoMoney will remain a 100% subsidiary of Yellow Card, with its original founders retaining leadership roles. The financial terms of the deal have not been disclosed.

A Favorable Market Context

This strategic partnership comes at a time of significant growth in cryptocurrency payments in Brazil. According to Chainalysis, the country recorded $252.5 billion in crypto-related activity between July 2025 and June 2026, solidifying its position as the leading crypto market in Latin America. The increasing adoption of professional use cases, particularly for international transfers and treasury management, further underscores the market’s potential.

Regulatory Considerations

Despite the favorable market conditions, the operation involves regulatory hurdles. GoMoney has submitted an application to the Central Bank of Brazil to obtain full authorization to operate as a Virtual Asset Service Provider (VASP). Pending the monetary authority’s decision, the company continues its operations under Brazil’s transitional regulatory framework.