Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Top 5 moments from Charlie Kirk’s memorial service...
Trump set to approve TikTok deal ensuring majority-American...
Harris is speaking. This time, she isn’t bending...
Hamas letter to Trump asks for 60-day ceasefire...
Trump must make UN funding conditional on real...
Democrats skip Charlie Kirk Arizona memorial after 58...
‘Due to overhelming support:’ Turning Point USA says...
Thune slams Democrats’ ‘cold-blooded partisan’ tactics as funding...
Macron stakes anti-Trump global role with Gaza initiative...
Trump assassination attempt suspect Ryan Routh questions first...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Investing

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

by admin May 29, 2025
May 29, 2025
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The initiative is aimed squarely at large enterprises grappling with outdated cross-border financial systems.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 in stablecoins as a practical tool for enterprise-grade settlement — not just crypto speculation.

Founded by payments veterans Tom Greenwood (Volt, IFX) and Eric Queathem (Worldpay, McKinsey & Company), Velocity aims to modernize the back-end plumbing of global money movement.

Rather than displacing traditional finance, the startup sees itself as a connective layer between banks and the blockchain, offering modular infrastructure that enables businesses to operate seamlessly across fiat and digital currencies.

“We’re not chasing crypto hype,” Greenwood, who serves as CEO, said in a statement. “We’re leveraging stablecoins to remove friction, accelerate settlement, and drive improved performance in real-world financial operations.”

That friction remains a massive challenge in today’s corporate finance landscape.

Large businesses routinely rely on patchwork systems for international payments, liquidity and currency management — often involving multiple banking partners, outdated software and opaque fees.

Velocity says it is addressing that complexity with a programmable, artificial intelligence-enabled platform that integrates stablecoins into traditional financial operations without requiring companies to overhaul their existing systems.

Greenwood and Queathem bring decades of experience to the table. Greenwood previously founded Volt, a fintech firm focused on real-time payments, and IFX, a foreign exchange and payments firm. Queathem spent nearly 10 years at Worldpay, where he led global strategy during its expansion into both legacy and crypto-enabled markets.

“We’ve experienced first-hand the financial complexity of operating a global business — the fragmentation of providers, the lack of transparency, and the workarounds,” said Queathem, who holds the position of president.

“Velocity is built to eliminate that friction with infrastructure that scales, adapts, and solves the real-world problems large enterprises face every day when moving and managing money around the world.”

Their pitch appears to have resonated with investors who see a broader shift underway. Fuel Ventures (LSE:FVV), Triton Capital, Fabric Ventures, Commerce Ventures and Preface Ventures all joined the round, alongside strategic angels from companies like Visa (NYSE:V), PayPal (NASDAQ:PYPL), Circle and Alphabet (NASDAQ:GOOGL).

For lead investor Activant Capital, the startup’s timing aligns with what it sees as a generational opportunity to reshape how capital flows. “Tom and Eric bring the rare technical depth and regulatory fluency needed to build and scale a product like this,” said Andrew Steele, partner at Activant, in Wednesday’s (May 28) release.

“We’ve shared this vision for years — and now is the time to bring it to life.”

Far from being a headwind, Velocity sees that regulatory movement as validation that the infrastructure moment for stablecoins has arrived. While Velocity hasn’t disclosed specific clients or product launch dates, early pilot programs are underway, with large enterprises exploring digital treasury functions and cross-border liquidity optimization.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

previous post
Freegold Provides Update on 2025 Drill Program
next post
QEM Appoints New CEO as It Secures $2.05M in Strongly Supported Placement

You may also like

Stardust Power Announces Year End 2024 Earnings Release...

March 18, 2025

IsoEnergy and Purepoint Intersect up to 8.1% U3O8...

September 18, 2025

Drilling Commenced at Ferke Gold Project, Cote d’Ivoire

November 12, 2024

Top 5 Canadian Mining Stocks This Week: Group...

May 11, 2025

Top 5 Canadian Mining Stocks This Week: Foremost...

May 17, 2025

What Factors Impact Graphene Cost?

February 11, 2025

Patriot Produces Battery-grade Lithium Hydroxide Sample from CV5...

December 17, 2024

HyProMag USA Receives “Make More in America” Domestic...

June 13, 2025

Private Placement

December 16, 2024

Biden Administration Proposes Ban on Chinese Vehicles, Citing...

September 26, 2024

Recent Posts

  • Top 5 moments from Charlie Kirk’s memorial service in Arizona
  • Trump set to approve TikTok deal ensuring majority-American investor control: White House
  • Harris is speaking. This time, she isn’t bending to Biden’s bullies
  • Hamas letter to Trump asks for 60-day ceasefire deal to release half of hostages, sources say
  • Trump must make UN funding conditional on real reforms, ex-diplomat urges

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (927)
    • Investing (3,032)
    • Politics (3,709)
    • Stock (4)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 Sightful Invest. All Rights Reserved.