London-based Velocity has raised an extra $10 million, extending its Collection A to $48 million at a $200 million post-money valuation, with participation from Visa Ventures, Circle Ventures, and Ripple. The contemporary capital will fund infrastructure connecting stablecoins to current fee networks, settlement methods, and company treasury operations.
The extension follows a $38 million Collection A introduced in July, which CEO Eric Queathem mentioned was oversubscribed. Haun Ventures, Translink Capital, and Mirana Ventures additionally joined the extension spherical, pushing the entire investor listing properly past typical crypto-native enterprise backers into strategic company cash from a card community and a stablecoin issuer immediately.
@velocityxyz_ has raised an extra $10 million, bringing our complete Collection A funding to $48 million. @Visa, @circle, @Ripple, @HaunVentures, @translink_cap and @mirana are becoming a member of us for this extension.
Having among the largest gamers throughout conventional finance and web3… pic.twitter.com/tRirXv5TSg— Velocity (@velocityxyz_) September 15, 2026
Velocity’s platform lets fee corporations and banks use stablecoins for settlement, liquidity, and treasury operations with out ripping out the methods they already run. That’s a deliberate scope: the corporate is concentrating on the layer connecting issuers, card networks, acquirers, and retailers, not the pockets customers see.
Stablecoin circulation has grown previous $300 billion, with utilization increasing from crypto-exchange greenback transfers into funds, cross-border transfers, and company treasury work, the precise seam Velocity is making an attempt to occupy.
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The Again-Finish Layer No person Fastened
Queathem’s framing attracts immediately on his time at Worldpay, which settles greater than $2 trillion in annual fee quantity. His prognosis: client funds bought sooner and slicker over the previous decade and a half, however the equipment behind them didn’t.
“All this capital has flowed into funds during the last 15 years, and it’s been 100% targeted on how do you create a greater expertise on the entrance finish for customers,” Queathem mentioned. “However nobody has fastened the back-end layer.”
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Why Ripple Participates?
Visa’s examine is notable exactly as a result of Velocity isn’t pitching stablecoins as a card alternative. The corporate expects blockchain-based cash to take a seat beneath current fee rails, absorbing extra of the funding and settlement work that occurs invisibly to finish customers.
Visa’s Rubail Birwadker, world head of progress merchandise and strategic partnerships, mentioned stablecoins are enjoying an more and more essential function in reshaping how worth strikes throughout the Visa ecosystem, a press release that reads much less like hedging and extra like a community making an attempt to personal the migration moderately than get disrupted by it.
Velocity's Collection A funding has reached $48M following a brand new $10M extension backed by main business strategics.
Eric @Queathem, CEO of @velocityxyz_, tells @JD_Durkin it's "actually extremely validating to have somebody like Visa be a part of the cap desk as an investor." pic.twitter.com/u7hh3AFqVG— FINTECH.TV (@FINTECHTVglobal) September 15, 2026
Velocity Chief Development Officer Matt Larson made the consumer-invisibility level specific: it in all probability doesn’t result in everybody switching to stablecoin wallets. As a substitute, he expects the funding and settlement flowing round card networks to more and more shift towards stablecoin rails whereas the front-end expertise stays unchanged.
Queathem’s longer guess is extra aggressive; he expects each world enterprise to carry some worth onchain inside 5 years, which might create sustained demand for reconciliation and treasury instruments bridging blockchain belongings with legacy monetary methods.
That’s a projection, not a confirmed development, and it’s value treating it as one. However the investor listing right here isn’t speculative cash chasing a story. It’s a card community and a stablecoin issuer placing capital behind the particular thesis that treasury and settlement infrastructure, not retail wallets, is the place stablecoin adoption compounds first.
Ripple participation matches a broader sample of the corporate pushing RLUSD and associated infrastructure into institutional credit score and treasury merchandise moderately than retail-facing crypto rails, reinforcing the identical back-end thesis Velocity is promoting to its financial institution and payments-company purchasers.
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