Velocity Raises $48M in Series A at $200M Valuation with Support from Visa, Circle, and Ripple

London-based payments infrastructure company Velocity has successfully extended its Series A funding to $48 million, achieving a $200 million valuation, according to CEO Eric Queathem. The round attracted strategic investments from major players in the fintech and blockchain space, including global payment giant Visa, stablecoin platform Circle, and cryptocurrency network Ripple. This backing underscores growing confidence in Velocity’s mission to streamline cross-border payments through scalable, real-time settlement technology. The influx of capital comes at a pivotal moment as financial institutions worldwide seek faster, more transparent alternatives to legacy systems. By leveraging blockchain and digital asset rails, Velocity aims to reduce transaction times from days to seconds while cutting costs and improving compliance. With operations spanning Europe and expanding into North America, the company is positioning itself as a key enabler for banks and payment providers navigating the shift toward decentralized finance. This milestone marks a significant validation of Velocity’s tech stack and leadership team, particularly under Queathem’s guidance. As central bank digital currencies (CBDCs) and tokenized assets gain traction, companies like Velocity are poised to become foundational infrastructure. The collaboration with industry leaders signals a broader trend: traditional finance is increasingly integrating with Web3 solutions. The next phase? Scaling operations and securing enterprise partnerships ahead of a projected market expansion in 2025.