Yellow Card completes acquisition of Brazil’s GoMoney to expand stablecoin payments infrastructure

Yellow Card says it completed the acquisition of GoMoney Sociedade Prestadora de Serviços de Ativos Virtuais Ltda. in October, giving the stablecoin payments provider direct operations in Brazil. For PSPs and high-risk merchants, the practical point is simple: Yellow Card is now pairing local BRL rails, including Pix, with stablecoin settlement through a locally established provider.

1. GoMoney has filed with the Banco Central de Brasil (BCB) for authorization to operate as a sociedade prestadora de serviços de ativos virtuais under Law 14.478/2022 and BCB Resolution 519/2025. Until that authorization is approved, the company continues to operate under Brazil’s transitional regime for virtual asset service providers.
2. The acquisition gives Yellow Card direct operations in Brazil and expands its footprint in Latin America as part of a broader effort to build out its global financial infrastructure network. Yellow Card says the Brazil setup will let it offer local receive-and-send services in Brazilian reais, including via Pix, together with stablecoin settlement.
3. These services will be delivered through a locally established provider and integrated with the treasury and liquidity solutions Yellow Card already offers in other markets. That matters because the commercial model here is not just “crypto on-ramp” language; it is payments infrastructure tied to local settlement and liquidity management.
4. Yellow Card cofounder and CEO Chris Maurice said building global financial infrastructure requires compliance with local regulatory frameworks, use of each market’s payment systems, and local expertise and relationships. He added that GoMoney has built a base in Brazil over the last eight years and that the combination should help Yellow Card increase value for customers and accelerate its long-term ambitions.
5. Brazil is not a side market in this story. According to Chainalysis, the country recorded US$252.500 millones in cryptocurrency activity between July 2025 and June 2026, making it the largest crypto market in Latin America. Chainalysis also said stablecoin activity in Brazil grew 495% in the 2024-2026 comparison period, driven in part by enterprise use cases such as cross-border transfers and liquidity management.

GoMoney was founded in 2018 and will continue under its founders’ leadership as a wholly owned subsidiary of Yellow Card. Maurício Pires, founder and CEO of GoMoney, said the company has spent the last eight years building a Brazil-based virtual asset service provider focused on using stablecoins for cross-border payments, similar to what Yellow Card has done in Africa and other markets over the same period.