Velocity Comes Out of Stealth with $10M to Power the Velocity of Money

Velocity comes out of stealth with $10M to power the Velocity of Money

Founded by payment industry veterans Tom Greenwood and Eric Queathem, Velocity enables enterprises to move and manage capital seamlessly across banks,...

Velocity Raises $10M in Pre-Seed Funding

Velocity, a London, UK-based financial infrastructure startup, raised $10m in pre-seed funding.  The round was led by Activant Capital with participation from Fuel Ventures, Triton Capital, Fabric Ventures, Commerce Ventures, and Preface Ventures.  The company intends to use the funds to expand operations and its development efforts. Co-founded by Tom Greenwood and Eric Queathem, Velocity […] The post Velocity Raises $10M in Pre-Seed Funding app…

Fintech Firm Velocity Raises US$10 Million for Enterprise Stablecoin Infrastructure

In what is believed to be the largest European pre-seed funding round of the year, UK fintech startup Velocity has emerged with US$10 million in early backing to develop a stablecoin infrastructure platform. The initiative is aimed squarely at large enterprises grappling with outdated cross-border financial systems. The round, led by US-based Activant Capital, brings together global investors and fintech insiders, underscoring growing confidence…

UK Fintech Startup Velocity Secures $10 Million in Funding for Enterprise Stablecoin Platform

In what is believed to be the largest European pre-seed funding round of the year, UK fintech startup Velocity has emerged with US$10 million in early backing to develop a stablecoin infrastructure platform. The initiative is aimed squarely at large enterprises grappling with outdated cross-border financial systems.The round, led by US-based Activant Capital, brings together global investors and fintech insiders, underscoring growing confidence …

Velocity Comes Out of Stealth with $10 Million to Power the Velocity of Money

Founded by payment industry veterans Tom Greenwood and Eric Queathem, Velocity enables enterprises to move and manage capital seamlessly across banks, blockchains, and borders. Velocity announces a $10M pre-seed funding round and emerges from stealth to launch the Stablecoin Payment Account. The round was led by Activant Capital, with participation from Fuel Ventures, Triton Capital, Fabric Ventures, Commerce Ventures, Digital Space Ventures and…

Velocity Raises $10 Million Pre-Seed Funding Round to Power the Velocity of Money

Velocity, a next-generation financial infrastructure platform, today announces a $10 million pre-seed funding round to launch the operating system for digital finance. The round was led by Activant Capital, with participation from Fuel Ventures, Triton Capital, Fabric Ventures, Commerce Ventures, and Preface Ventures. Strategic shareholders include current or former executives from Stripe, Worldpay, Visa, Circle, PayPal, and Google. Founded by p…