“Can a stablecoin-native settlement and treasury platform replace correspondent banking infrastructure for enterprise payment companies and global businesses?”
Founded in 2025 by payments industry veterans, Velocity entered the market as an enterprise stablecoin treasury and settlement platform, targeting CFOs and finance teams who need to move capital across borders without traditional correspondent banking constraints. The company positions itself at the intersection of fiat and stablecoin rails, enabling real-time settlement, yield on idle balances, and FX-efficient cross-border payments. Rather than building a neobank or consumer product, Velocity is infrastructure-first: it connects licensed banks, FX providers, and digital asset networks into a single programmable API for payment companies, global businesses, and financial institutions.
Velocity discloses MVB Bank as its sponsor bank, according to the Embedded Finance Index 2026.
Velocity does not disclose a bank charter of its own; its banking services are provided through MVB Bank.
Velocity moves money over Visa Direct and Push-to-card.
Velocity uses Prove for KYC and identity verification.
Velocity's crypto products run on Zodia Custody.
The Embedded Finance Index 2026 maps 4 layers in Velocity's stack: Money movement (Visa Direct and Push-to-card); KYC (Prove); Sponsor bank (MVB Bank); Crypto (Zodia Custody).
Velocity was founded by Eric Queathem and Tom Greenwood and is founded in 2025, headquartered in London, UK.
Velocity has raised $48M in total (latest round: Series A, July 2026).
Get a read on where your own stack stands against Velocity and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.