VelaFi has secured $20 million in Series B funding as it moves to expand its stablecoin powered payment infrastructure across multiple global markets. The financing round brings the company’s total capital raised to more than $40 million and reflects rising investor interest in enterprise focused stablecoin platforms designed for cross border settlement. VelaFi announced the close of the round from Dallas and Mexico City, underscoring its ambition to serve businesses operating across the Americas and beyond. The company positions its infrastructure as a solution to persistent challenges in international payments, including settlement delays, liquidity fragmentation, and compliance complexity. As stablecoins gain traction as a tool for real world payments rather than trading alone, infrastructure providers capable of operating within regulatory frameworks are drawing increased attention from institutional investors and multinational firms seeking alternatives to traditional correspondent banking rails.
The Series B round was led by XVC and Ikuyo, with participation from investors including Alibaba Investment, Planetree, and BAI Capital. According to the company, the new capital will be used to scale its enterprise grade stablecoin network across Latin America, the United States, and parts of Asia, focusing on jurisdictions where digital asset payments are permitted under local law. VelaFi’s platform emphasizes compliance and transparency, aiming to integrate stablecoin settlement into existing corporate treasury and payment workflows. The approach reflects a broader shift in the stablecoin sector toward regulated use cases tied to trade finance, remittances, and business to business payments rather than consumer speculation.
Chief executive Maggie Wu said the company is focused on building payment infrastructure that aligns with regulatory expectations while offering near instant settlement and improved capital efficiency. Industry observers note that demand for such services is growing as companies operating across borders face higher costs and longer settlement cycles in traditional systems. While competition in the stablecoin infrastructure space is intensifying, VelaFi’s backers appear to be betting on compliance first platforms that can scale alongside evolving regulatory regimes. The expansion comes as policymakers in several regions clarify rules around stablecoin issuance and usage, creating openings for infrastructure providers that can operate at institutional scale. The funding positions VelaFi to accelerate deployments as stablecoins continue to move into mainstream payment and settlement flows.
