BVNK, a London, UK-based stablecoin funds infrastructure firm, acquired an funding from VISA (V) by Visa Ventures.
The quantity of the deal was not disclosed.
Led by Jesse Hemson Struthers, CEO, Donald Jackson, and Chris Harmse, BVNK supplies a know-how platform to automate and orchestrate stablecoin funds at scale, making these new rails accessible to companies of all sizes. The corporate is at present processing $12 billion in annualized stablecoin cost volumes, enabling clients to maneuver cash globally at velocity and effectivity. Purchasers embrace Ferrari and Rapyd, amongst others.
BVNK expanded into the US market this yr opening places of work in San Francisco and New York Metropolis, led by former BlockFi govt Amit Cheela and former Cross River govt Keith Vander Leest.
This partnership with Visa adopted a $50m Collection B spherical introduced in December, led by Haun Ventures with participation from Coinbase Ventures, Scribble Ventures, DRW Enterprise Capital, Avenir, and Tiger International.
FinSMEs
10/05/2025
