VelaFi Raises $20 Million in Series B to Expand Stablecoin Payments Infrastructure

2026-01-12 16:50:50

Source: CryptoNewsNet Original Title: VelaFi raises $20 million in Series B to expand stablecoin payments infrastructure Original Link: VelaFi, a stablecoin-powered financial infrastructure provider under Galactic Holdings, has raised $20 million in a Series B funding round led by XVC and Ikuyo.

The round also included participation from Alibaba Investment, Planetree, BAI Capital, and other global investors, bringing the company’s total funding to more than $40 million.

Founded in 2020, VelaFi initially built payment infrastructure in Latin America and has since expanded into the U.S. and Asia. Its platform connects local banking rails, cross-border payment networks and major stablecoin protocols, allowing enterprises to move funds across markets more quickly and at lower cost than through traditional systems.

The company offers on- and off-ramps, pay-ins and pay-outs, cross-border payments, multi-currency accounts, foreign exchange tools and asset management services, delivered through a direct platform or APIs.

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