Stablecoin payments infrastructure provider Yellow Card has acquired Sao Paulo-based GoMoney. Terms were not disclosed. Founded in 2018, GoMoney helps international businesses accept payments in Brazil, including through Pix, and settle in digital assets. It operates under Brazil’s transitional regime for virtual asset service providers while its application for full authorisation with the central bank remains pending. The founders will continue to lead GoMoney as a wholly owned Yellow Card subsidiary. For Yellow Card clients, the deal adds local Brazilian real collections and disbursements through Pix and settlement in stablecoins. Chainalysis recorded $252.5 billion in crypto activity in Brazil between July 2025 and June 2026. Chris Maurice, chief executive of Yellow Card, said building global financial infrastructure requires compliance with local frameworks, local payment rails, and local expertise and relationships.
Why it matters: Buying a Sao Paulo Pix collector that already sits under the transitional VASP regime gives Yellow Card a direct Brazil on-ramp for stablecoin settlement while Brazil’s crypto volumes, per Chainalysis, already sit in the hundreds of billions of dollars a year.
Source: Finextra, November 5, 2026
Related: OPay withdraws its $304 million NYSE IPO after a foreign regulatory inquiry · StraitsX and Visa extend stablecoin-backed card issuing to more than 100 markets
Image: Francisco Anzola, CC BY 2.0, via Wikimedia Commons
