Velocity

United Kingdom · Fintech

Velocity provides stablecoin settlement and treasury infrastructure for businesses and financial institutions.

Product

Issuers, acquirers, payment providers, financial institutions and merchants use Velocity to connect stablecoin settlement and liquidity management to existing payment and banking systems.

The platform is designed to fit into customers' established operations without requiring them to replace their underlying financial systems. Its expansion targets institutional and business payment flows across markets.

Funding history

2 rounds · 2 with disclosed amounts
AnnouncedRoundAmountInvestors
Series A extension$10MCircle Ventures — ParticipantHaun Ventures — ParticipantMirana Ventures — ParticipantRipple — ParticipantTransLink Capital — ParticipantVisa Ventures — Participant
Series A$38MActivant Capital — Role not disclosedCapital One Ventures — Role not disclosedCoinbase Ventures — Role not disclosedDragonfly — Role not disclosedFirstMark — Role not disclosedQED Investors — Role not disclosedRipple — Role not disclosedWintermute Ventures — Role not disclosed
Sourcesprojectstartups.com ↗