Velocity extends Series A to $48M at $200M valuation with backing from Visa, Circle, and Ripple

Neutral+13.45%
15 Sep, 11:00
Source: CoinDesk

AI Summary

Velocity secures $48M in Series A funding at a $200M valuation with strategic backing from Visa, Circle, and Ripple.

The investment brings Velocity's Series A round to $48 million and values the London-based payments infrastructure firm at $200 million, CEO Eric Queathem said.