Velocity, a London-based payments infrastructure firm, has extended its Series A financing round to $48 million, according to CEO Eric Queathem. The new investment values the company at $200 million. Queathem said the round was backed by Visa, Circle, and Ripple. The update adds to the company’s funding profile and highlights support from major payments and crypto industry names. No additional details on the financing structure were disclosed in the provided report.
Velocity, a London-based payments infrastructure firm, has extended its Series A round to $48 million, CEO Eric Queathem said.
The investment values the company at $200 million. Queathem said the round was backed by Visa, Circle, and Ripple.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
