Yellow Card Expands into North American Market through Alkepay Inc.
Yellow Card, a global stablecoin infrastructure provider founded in Africa, has expanded its presence into North America through its subsidiary Alkepay Inc.
The Canadian market expansion gives Yellow Card access to foreign exchange dealing and cross-border funds transfers.
Alkepay is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a Money Services Business and with the Bank of Canada as a payment service provider under the Retail Payments Activities Act.
Yellow Card's CEO, Chris Maurice, stated that the company's existing relationships with global financial and payments companies have helped establish trust in North America.