Velocity extends Series A to $48M at $200M valuation with backing from Visa, Circle, and Ripple
The investment brings Velocity's Series A round to $48 million and values the London-based payments infrastructure firm at $200 million, CEO Eric Queathem said.
Velocity has extended its Series A round to $48 million, with a valuation of $200 million. The investment was backed by Visa, Circle, and Ripple, according to CoinDesk.
The funding round was announced by Velocity's CEO, Eric Queathem.
There is no further information on Velocity's plans for the funding. Another company, Tabby, has also raised funds, securing $233 million in a Series F equity round at a $6.5 billion valuation, according to Wamda.
Brief written by urgent.news from CoinDesk, Wamda — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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