Velocity
Summary active Updated Jul 16, 2026This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.
Investors
Founders
About
Velocity is a London-based enterprise stablecoin platform for corporate treasury and settlement operations, founded in May 2025 by payments industry veterans Eric Queathem (CEO) and Tom Greenwood 12. The platform enables CFOs and treasury teams to hold, move, and settle funds using stablecoin infrastructure combined with traditional banking rails, compliance, custody, and liquidity management, routing international payments over local bank rails and blockchain networks to enable instant settlement outside of traditional banking hours 123.
On 2026-07-14 Velocity announced a $38 million Series A co-led by Dragonfly Capital and FirstMark, with participation from Activant Capital and new investors Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures, and Ripple 123. The company reports it has now raised nearly $50 million since launch, including a prior $10 million pre-seed round and an undisclosed strategic investment from Dragonfly in October 2. Proceeds will fund global expansion of the banking and payments network, product development, and regulatory capabilities 123.
Disclaimer: This is a lean profile built from initial round coverage and may be expanded as more information becomes available.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-07-14 | Series A | $38M | Dragonfly Capital (co-lead), FirstMark (co-lead) | Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures, Ripple 123 |
What Investors Say
No independently sourced investor quotes found at time of publication.
What Founders Say
No independently sourced founder testimonials found at time of publication.
Sources
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“Velocity Raises $38M Series A for Stablecoin Rails,” Velocity blog, July 14, 2026. Accessed July 16, 2026. https://www.velocity.xyz/blog-post/series-a↩↩↩↩↩
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“Stablecoin treasury start-up Velocity raises $38m Series A,” FinTech Futures, July 14, 2026. Accessed July 16, 2026. https://www.fintechfutures.com/venture-capital-funding/velocity-38m-series-a↩↩↩↩↩↩
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“Velocity Raises $38M in Series A Funding,” FinSMEs, July 14, 2026. Accessed July 16, 2026. https://www.finsmes.com/2026/07/velocity-raises-38m-in-series-a-funding.html↩↩↩↩