Yellow Card Buys Brazil's GoMoney, Adding Pix Collections and Stablecoin Settlement While Central Bank Authorisation Is Pending
Yellow Card said on 4 November 2026 that it completed the acquisition of São Paulo virtual asset service provider GoMoney in October, giving its clients Brazilian real collections and payouts, including through Pix, with settlement in stablecoins; GoMoney operates under Brazil's transitional regime while Banco Central do Brasil reviews its application for authorisation.
By Daniel Osei, Journalist, Payments and Cards
Stablecoin payments company Yellow Card said on 4 November 2026 that it completed the acquisition of GoMoney, a Brazilian virtual asset service provider founded in 2018 and based in São Paulo, in October. The deal gives Yellow Card direct operations in Brazil. For Yellow Card's clients, it adds collections and payouts in Brazilian reais, including through Pix, with settlement in stablecoins. Yellow Card did not disclose the price.
GoMoney is not yet fully authorised. It has applied to Banco Central do Brasil (BCB) for authorisation to operate as a virtual asset service provider under Law No. 14,478/2022 and BCB Resolution No. 519/2025, and it continues to operate under Brazil's transitional regime while that application is reviewed.
What Yellow Card is buying
GoMoney's business is letting international companies accept payments from customers in Brazil, including by Pix, and settle in digital assets. Its chief executive and co-founder Maurício Pires describes it as a provider "focused on using Stablecoins as a means of effecting cross-border payments". It becomes a wholly owned subsidiary of Yellow Card and will continue to be led by its founders.
Yellow Card says the Brazilian business will be integrated with the treasury and liquidity services it offers in its other markets. The company says it supports more than 50 currencies and serves financial institutions, fintechs and multinational businesses.
Why a local licence route matters
Buying a local provider, rather than partnering with one, gives Yellow Card its own entity on Brazil's payment rails and inside Brazil's new crypto licensing regime. That is also where the risk sits: the acquired business's ability to keep operating depends on the BCB approving GoMoney's application, which Yellow Card says "remains subject to the BCB's review and approval". The release gives no expected decision date.
Chief executive Chris Maurice framed the deal around local compliance: "Building global financial infrastructure requires compliance with local frameworks, local payment rails, and local expertise and relationships to operate effectively."
The Brazil numbers Yellow Card cites
Yellow Card's case for Brazil rests on Chainalysis data, which it quotes in the release. According to Chainalysis, Brazil recorded $252.5 billion in cryptocurrency activity between July 2025 and June 2026, the largest in Latin America, and stablecoin activity in Brazil rose 495% across Chainalysis's 2024–2026 comparison period. These are Chainalysis's estimates as cited by Yellow Card, not figures from Brazilian regulators.
Yellow Card's expansion so far
The acquisition follows Yellow Card's $40 million financing in August 2026, which the company says included Standard Chartered and Sony, and what it describes as recent regulatory approvals and registrations in Canada, Switzerland, Nigeria, Ghana and Zimbabwe. Yellow Card says it will focus next on deepening its presence in strategic markets and expanding product capabilities. It has not said whether it plans further acquisitions in Latin America.
Sources
Primary:
- Yellow Card, Yellow Card Acquires GoMoney, Establishing Direct Operations in Brazil (PR Newswire), 4 November 2026