Velocity Payments Raises $48 Million Series A, Valued at $200 Million

VERA Brief

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Payments infrastructure firm Velocity has extended its Series A funding round to $48 million, with a valuation of $200 million. The capital infusion is intended to further the company's development and expansion.

Key facts

• Velocity has extended its Series A funding round to $48 million.
• The company is now valued at $200 million.
• Investors in the extended round include Visa, Circle, and Ripple.
• The capital raised will support the company's development and expansion.
• Velocity is a London-based payments infrastructure company.