The company specializes in building stablecoin-based settlement and treasury infrastructure that integrates directly into existing banking systems. By connecting stablecoin rails with traditional liquidity management and compliance tools, Velocity aims to enable businesses to move value on-chain without abandoning their established financial stacks. CEO Eric Queathem noted that the latest financing was oversubscribed, reflecting investor confidence in the firm’s strategy to position stablecoins as the silent plumbing behind traditional consumer and corporate payment flows.
In section Cryptocurrency
Velocity secures $48M Series A to scale stablecoin infrastructure
London-based fintech Velocity has finalized a $10 million extension to its Series A funding round, pushing its total raise to $48 million. The capital infusion, which values the company at $200 million, brings prominent industry players including Visa Ventures, Circle Ventures, and Ripple into its investor cap table.
This expansion follows a period of operational convergence with major payment networks. Earlier this month, Velocity announced a pilot with MVB Financial under the Visa Direct program, allowing participants to utilize stablecoins for push-to-card funding. Visa, which has seen stablecoin settlement volume exceed a $20 billion annualized rate, views the partnership as a way to integrate stablecoin-powered money movement into its broader ecosystem. As Velocity prepares to navigate the UK’s evolving stablecoin regulatory framework, the new funds are earmarked for scaling its platform across issuers, acquirers, and merchants globally.
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