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#Series A funding

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SBI Group backs payments firm dtcpay in $25 million funding round
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SBI Group backs payments firm dtcpay in $25 million funding round

Key Highlights Stablecoin payments infrastructure firm dtcpay has formally closed a $25 million Series A round with strategic participation from Japan’s SBI Group. The round was initially anchored by Vertex Ventures Southeast Asia & India, with SBI entering via SBI Ventures Asset and the SBI-NTU-Kyobo Digital Innovation Fund. Dtcpay holds a Major Payment Institution license ...

Velocity Raises $48M Series A from Visa, Circle, and Ripple
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Velocity Raises $48M Series A from Visa, Circle, and Ripple

Velocity Raises $10M Series A Extension, Valuation Reaches $200M London-based stablecoin infrastructure provider Velocity has secured an additional $10 million in Series A funding, bringing the total round to $48 million and valuing the company at $200 million post-money. The extension, announced on September 15, includes participation from Visa Ventures, Circle Ventures, Ripple, Haun Ventures, ...