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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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European fintech platform Velocity completes $10 million pre-seed round financing.
Techub News, according to TFN, European fintech infrastructure platform Velocity completed a $10 million pre-seed round of financing, led by Activant Capital, with participation from Fuel Ventures, Triton Capital, Fabric Ventures, Commerce Ventures and Preface Ventures Strategic investment by executives from Stripe, Visa, and other companies. Velocity integrates regulated stablecoins into existing financial architectures, enabling businesses to transfer, hold, and manage funds across banks, blockchains, and borders. The platform is designed to provide instant settlement, coordinated liquidity across fiat currencies and digital assets, and automated, policy-driven payment services. Currently, the company has 11 employees and expects to grow to 30 by the end of the year.