Visa Finds New Stablecoin Partner in Velocity After Losing BVNK to Mastercard

After Mastercard acquired BVNK in August 2026, Visa was left without a stablecoin infrastructure partner. London startup Velocity raised $48 million Series A at a $200 million valuation; among investors are Visa Ventures, Circle, and Ripple.

• Velocity builds stablecoin settlement rails for corporate treasuries
• $48 million Series A led by Visa Ventures, Circle, and Ripple
• Startup valuation reached $200 million
• Mastercard bought BVNK in August 2026, leaving Visa without a partner