Velocity’s Series A reaches $48 million at a $200 million valuation

London-based payments infrastructure firm Velocity has expanded its Series A financing to $48 million, according to CoinDesk. The investment values the company at $200 million, Chief Executive Officer Eric Queathem said. Visa, Circle and Ripple are among the backers supporting the round. The financing update places Velocity among payments-focused companies attracting investment from major participants in both traditional finance and the digital-asset sector. The company’s valuation and total Series A funding were disclosed in connection with the latest investment. The announcement was reported on September 15, 2026.