Funding news · Sep 10, 2026
Velocity Raises $48M Series A for Stablecoin Treasury Platform
Velocity Secures $48 Million Series A
London-founded fintech Velocity has raised $48 million in Series A funding. The round included participation from Circle Ventures, Translink Capital, Visa Ventures, Ripple, Mirana Ventures, and Haun Ventures. No lead investor was disclosed. The funding date is September 10, 2026.
What Velocity Does
Velocity builds an enterprise stablecoin treasury and settlement platform for corporate CFOs and treasury teams. Its Stablecoin Payment Account combines regulated stablecoin infrastructure with local banking rails, compliance, custody, and liquidity management. This allows businesses to hold, move, and settle funds across banks, blockchains, and borders without changing their core treasury operations.
Founded in 2025 by Worldpay veteran Eric Queathem and payments operator Tom Greenwood, Velocity serves merchants, payment providers, fintechs, and financial institutions modernizing cross-border settlement.
The Funding Round
- Round type: Series A
- Amount: $48,000,000
- Currency: USD
- Date: September 10, 2026
- Lead investor: Not disclosed
- Participating investors: Circle Ventures, Translink Capital, Visa Ventures, Ripple, Mirana Ventures, Haun Ventures
The investor list includes major players in payments and digital assets: Circle Ventures (affiliated with stablecoin issuer Circle), Visa Ventures (the venture arm of Visa), and Ripple (a blockchain payments company). Their participation signals strong strategic interest in Velocity's approach to stablecoin-based treasury and settlement.
Why This Matters for Acquirers
Velocity addresses a critical pain point for corporate treasuries: cross-border settlement. By combining regulated stablecoin infrastructure with local banking rails, the company offers a way for businesses to move funds across borders without overhauling their existing treasury operations. This could appeal to acquirers in payments, banking, and financial infrastructure.
The involvement of Visa Ventures and Circle Ventures suggests that established payments and stablecoin players see strategic value in Velocity's platform. For acquirers, Velocity represents a potential entry point into enterprise stablecoin adoption, a growing area as businesses seek faster, more efficient cross-border settlement.
Velocity's founding team brings deep payments experience: Eric Queathem is a Worldpay veteran, and Tom Greenwood is a payments operator. Their expertise could be attractive to acquirers looking for a team capable of scaling enterprise-grade treasury solutions.
About the Investors
- Circle Ventures: Venture arm of Circle, a stablecoin issuer.
- Translink Capital: Venture capital firm focused on technology.
- Visa Ventures: Venture arm of Visa.
- Ripple: Blockchain-based payments company.
- Mirana Ventures: Venture capital firm.
- Haun Ventures: Venture capital firm focused on crypto and blockchain.
The mix of strategic and financial investors indicates broad interest in Velocity's stablecoin treasury platform.
Outlook
With $48 million in Series A funding, Velocity is positioned to expand its enterprise stablecoin treasury and settlement platform. The company's focus on regulated infrastructure, compliance, and integration with local banking rails could make it a key player in the modernization of cross-border settlement. For acquirers, Velocity offers a combination of stablecoin technology and enterprise treasury expertise, backed by strategic investors from the payments and digital asset industries.