👨🏿‍🚀TechCabal Daily – A Chinese plot twist.
👨🏿‍🚀TechCabal Daily – A Chinese plot twist In today's edition: China inquiry prompted OPay to halt US IPO || Kenyan Treasury calls for cheaper bank loans || Africa’s credit rating agency to debut in 2027 || Helium Health raises $2.5 million In partnership with Lire en Français اقرأ هذا باللغة العربية Wazzup.
Yellow Card, the stablecoin infrastructure company and one of the sector’s most-funded startups, launched in Africa in 2019, before expanding into other emerging markets.
What’s taking it all the way to South America?
Yesterday, Yellow Card said it had acquired GoMoney, a Brazilian crypto payments company, giving it direct operations in Latin America’s largest cryptocurrency market. The deal lets Yellow Card customers pay in Brazilian reais and settle transactions using stablecoins. Having built its business across Africa, Yellow Card is now taking that experience across the Atlantic. Read smart insights about Francophone Africa’s tech ecosystem—weekly.
MSEApp News is publishing an original rewrite of this tip for readers, based on reporting associated with TechCabal.
Readers should treat early accounts as developing. Official statements may add detail. MSEApp News will update coverage if material facts change.