Velocity, a London based stablecoin payments and treasury platform, has announced a $10 million extension to its Series A round, bringing total Series A funding to $48 million. The extension includes investment from Visa Ventures, Circle Ventures, Ripple, Haun Ventures, Translink Capital, and Mirana Ventures. It follows the company's $38 million Series A announced last month and will support work to bring stablecoin infrastructure to issuers, acquirers, payment providers, financial institutions, and merchants worldwide.
Strategic Investor Participation
The new investment brings together several established players in payments, stablecoins, and venture capital. Visa Ventures joins as a notable backer, while Circle Ventures and Ripple connect Velocity with two major companies advancing regulated stablecoins for payments, liquidity, and institutional finance. Translink Capital adds a strategic bridge to corporate and institutional partners across Asia, reflecting confidence that the next phase of stablecoin adoption depends on infrastructure connecting digital assets to existing banking, treasury, and settlement systems.
Building Stablecoin Infrastructure
Velocity is developing infrastructure that enables institutions and businesses to use stablecoins for settlement, liquidity, and treasury operations without replacing existing systems. The platform is designed to make the movement of money behind payments more continuous and to reduce reliance on prefunding. It also extends settlement beyond traditional banking hours, helping payment providers and financial institutions operate more efficiently across global markets.
The Role of Stablecoins in Payments
Stablecoins are increasingly being used to support continuous settlement and reduce friction in cross border and business payments. Velocity's platform is positioned to give institutions a practical way to integrate stablecoin rails without overhauling their existing financial infrastructure. This approach addresses key operational constraints such as prefunding requirements and limited banking hours that have traditionally slowed the movement of money.
Industry Leaders Back the Vision
Eric Queathem, founder and CEO of Velocity, said the company has focused from day one on improving how money moves through the payments ecosystem. He added that the new investors operate at the center of that ecosystem and will provide invaluable insight as the company uses stablecoins to transform the experience. Rubail Birwadker, Global Head of Growth Products and Strategic Partnerships at Visa, said stablecoins are reshaping how value moves across the Visa ecosystem and that companies like Velocity are helping accelerate adoption.
The Investor Perspective on Stablecoins
Haun Ventures brings a long term perspective shaped by investments across multiple generations of stablecoin and financial infrastructure companies. Chris Ahn, Partner at Haun Ventures, said the firm had early conviction in stablecoin infrastructure through investments in Bridge and BVNK, and Velocity represents the next evolution of that thesis. He noted that stablecoins are moving beyond faster transactions to become a foundational layer for global finance, with Velocity building technology that enables major institutions to embed them directly into payment and treasury operations.
Expanding Global Payments and Treasury
With total Series A funding of $48 million, Velocity will continue to expand its platform and deepen its work across the global payments and treasury ecosystem. The company aims to make stablecoins a seamless part of how institutions move and manage money, connecting issuers, acquirers, merchants, and financial institutions. Its approach is designed for continuous global settlement and reflects a shared view that adoption will depend on infrastructure rather than on the assets and blockchains alone.
The funding extension reinforces growing market conviction that stablecoin adoption requires practical infrastructure integrated with traditional financial systems. Velocity's expanded investor base now includes major payment networks, stablecoin issuers, and venture firms with multi-generational fintech experience. As the company deploys the new capital, it is positioned to help shape how businesses and institutions manage liquidity, settlement, and treasury operations on a global scale.