Yellow Card Acquires GoMoney, Establishing Direct Operations in Brazil
GoMoney has filed an application with the Banco Central do Brasil (BCB) for authorization to operate as a virtual asset service provider (sociedade prestadora de serviços de ativos virtuais) under Law No. 14,478/2022 and BCB Resolution No. 519/2025. GoMoney continues to operate under
The acquisition establishes
"Building global financial infrastructure requires compliance with local frameworks, local payment rails, and local expertise and relationships to operate effectively," said
GoMoney, which was founded in 2018, will continue to be led by its founders, as a wholly owned subsidiary of
The acquisition occurs at a time of significant growth for
About
About GoMoney:
GoMoney Sociedade Prestadora de Serviços de Ativos Virtuais Ltda., a wholly owned subsidiary of Yellow Card, is a Brazilian virtual asset service provider founded in 2018, headquartered in São Paulo. GoMoney enables international businesses to accept payments from customers in Brazil, including through Pix, and to settle in digital assets. GoMoney has applied to the Banco Central do Brasil for authorization to operate as a virtual asset service provider under Law No. 14,478/2022. GoMoney's ultimate authorization as a virtual asset service provider in Brazil remains subject to the BCB's review and approval.
View original content to download multimedia:https://www.prnewswire.com/news-releases/yellow-card-acquires-gomoney-establishing-direct-operations-in-brazil-302928255.html
SOURCE Yellow Card
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Ceva Welcomes Introduction of Bluetooth High Data Throughput, Accelerating Next-Generation Wireless Connectivity
- Bristol Myers Squibb Canada Partners with TANK Worldwide and Ogilvy Health to Turn Autumn Leaves into a Guide for Spotting the Warning Signs of Melanoma
- U.S. Air Force Awards Exiger $12 Million Contract to Support Intercontinental Ballistic Missile Supply Chain Illumination and Defense Industrial Base Analysis
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesRelated Entities
Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!





Tweet
Share