VelaFi Secures $20 Million Series B Funding to Accelerate Stablecoin Payment Infrastructure Expansion

VelaFi, a stablecoin-powered financial infrastructure provider under Galactic Holdings, has successfully closed a $20 million Series B funding round. The round was led by prominent investors XVC and Ikuyo, with additional backing from Alibaba Investment, Planetree, BAI Capital, and other global institutional players. This brings VelaFi’s cumulative funding to over $40 million, signaling strong market confidence in the company’s mission to modernize cross-border enterprise payments.

Strong Investor Backing Signals Market Confidence in Stablecoin Payments

The funding round reflects growing institutional recognition that stablecoin-based payment systems are reshaping global financial infrastructure. Alongside XVC and Ikuyo, the participation of major venture firms and strategic corporate investors underscores the strategic importance of payment interoperability in an increasingly digital economy. VelaFi CEO and co-founder Maggie Wu stated in the announcement, “We are building the next generation of global payment infrastructure, one that is instant, transparent, and regulatory-first. This investment accelerates our global expansion from Latin America into the United States and Asia.”

Expanding Across Three Continents with Enhanced Banking Connectivity

Since its founding in 2020, VelaFi has built a robust payment ecosystem connecting local banking networks, cross-border payment channels, and major stablecoin protocols. The platform enables enterprises to move capital across markets faster and at lower costs compared to traditional correspondent banking systems. With the fresh capital, the company plans to deepen banking partnerships, expand regulatory licensing, and strengthen operational presence in the U.S. and Asia, complementing its established footprint in Latin America.

VelaFi’s service portfolio includes on and off-ramp solutions, payment processing, multi-currency account management, FX services, and asset management tools—delivered through direct platform access or API integration. This comprehensive offering addresses the evolving needs of enterprises managing treasury operations and liquidity across multiple jurisdictions.

Stablecoins Reshape Enterprise Cross-Border Settlement

The rise of enterprise adoption reflects a fundamental shift in how global businesses approach settlement. Industry estimates indicate that annual stablecoin transaction volumes now reach the tens of trillions of dollars, with growing adoption among enterprises for cross-border payments and treasury management—particularly in regions where traditional banking infrastructure remains slow or expensive. VelaFi has already served hundreds of enterprise clients and processed billions of dollars in transaction volume, demonstrating real-world market validation.

As global finance continues its transition away from fragmented legacy systems, companies like VelaFi are positioning themselves at the intersection of blockchain efficiency and institutional banking standards, capturing emerging demand for faster, more transparent payment infrastructure.