Yellow Card Expands into Canada with Alkepay Infrastructure
Yellow Card, a leading global stablecoin infrastructure provider, has expanded its presence in North America by entering the Canadian market. This move is made possible through Alkepay Inc., a wholly owned subsidiary of Yellow Card that is registered with FINTRAC and the Bank of Canada.
With this expansion, Yellow Card now offers foreign exchange dealing and cross-border funds transfer services to clients in Canada. According to Chris Maurice, CEO and Co-Founder of Yellow Card, the company's trust and reputation are built on its partnerships with major brands like Visa, Mastercard, Western Union, Thunes, and MoneyGram.
Yellow Card has been sharpening its strategic shift from its pan-African roots towards becoming a global company. In recent months, the company has made significant hires in Latin America and Southeast Asia as it builds its presence in those regions. This expansion into Canada is another step towards achieving its goal of becoming a true global player.