Yellow Card has joined the Fireblocks Network for Payments, bringing emerging markets expertise and African infrastructure to the global ecosystem.
Body Text: Following this announcement, Yellow Card will bring its infrastructure to the Fireblocks Network, allowing financial institutions across the globe to enter and scale across more than 20 African countries.
In addition, its local expertise will be combined with Fireblocks’ network in order to provide access to secure and optimised opportunities for worldwide expansion into emerging markets. Both Yellow Card and Fireblocks will continue to focus on meeting the needs, preferences, and demands of clients and users in an ever-evolving market, while prioritising the process of remaining compliant with the regulatory requirements and laws of the industry as well.
More information on the Yellow Card x Fireblocks Network partnership
According to the official press release, the initiative will allow Yellow Card customers to enter African and emerging markets through infrastructure that's now part of a global network, giving them optimised benefits, as well as improved global reach (Yellow Card’s platform will connect with international partners, serving customers who need both local expertise and global capabilities) and optimised infrstructure (users benefit from Yellow Card’s network, which will enable them to access developments designed specifically for the challenges and opportunities of African business).
In addition, the Fireblocks Network, paired with Yellow Card’s emerging market payout services, will provide businesses and companies with the possibility to benefit from the technical foundation needed to build at a global scale, while also maintaining the security and compliance standards that clients expect.