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    Home»Startups»“Not chasing Crypto hype” – London-based Velocity raises €8.8 million for financial infrastructure platform
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    “Not chasing Crypto hype” – London-based Velocity raises €8.8 million for financial infrastructure platform

    Editor Times FeaturedBy Editor Times FeaturedMay 28, 2025No Comments3 Mins Read
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    British FinTech startup Velocity, a monetary infrastructure platform, in the present day exits stealth and publicizes an €8.8 million pre-Seed funding spherical to launch “the working system for digital finance“.

    The spherical was led by Activant Capital, with participation from Gasoline Ventures, Triton Capital, Material Ventures, Commerce Ventures, and Preface Ventures. Strategic shareholders embrace present or former executives from Stripe, Worldpay, Visa, Circle, PayPal, and Google.

    “The way forward for finance isn’t about changing the previous with the brand new. It’s about intelligently integrating each,” mentioned Tom Greenwood, Co-founder and CEO. “We’re not chasing crypto hype — we’re utilizing stablecoins to take away friction, speed up settlement, and drive improved efficiency of real-world monetary operations.”

    Based in 2025, Velocity is a monetary infrastructure platform constructed to unify international funds and treasury via stablecoin expertise. Velocity seems to be to allow companies to maneuver, maintain, and handle capital seamlessly throughout banks, blockchains, and borders.

    Velocity was based by funds business veterans Tom Greenwood and Eric Queathem. Greenwood beforehand based Volt, a FinTech firm specialising in real-time funds, and IFX, a overseas change and cross-border funds firm. Co-founder and President Queathem spent almost a decade at Worldpay, the place he led international technique and progress throughout each conventional and crypto markets.

    “We’ve skilled first-hand the monetary complexity of working a world enterprise — the fragmentation of suppliers, the shortage of transparency, and the workarounds,” mentioned Eric Queathem, Co-founder and President. “Velocity is constructed to remove that friction with infrastructure that scales, adapts, and solves the real-world issues massive enterprises face day-after-day transferring and managing cash around the globe.”

    Velocity argues that whereas stablecoin infrastructure has matured, it has not been productised for the dimensions, complexity, or regulatory calls for of world enterprise. Transferring from technical viability to operational readiness is important to unlocking the subsequent wave of innovation — and enabling adoption at scale.

    Velocity seems to be to make that transition attainable via a safe, enterprise-grade platform that unifies banks, blockchains, and AI — enabling companies to carry, transfer, and handle capital seamlessly throughout conventional rails and digital belongings.

    “Velocity isn’t simply fixing cross-border funds — it’s rethinking how enterprises handle FX, liquidity, and treasury via stablecoin infrastructure,” mentioned Andrew Steele, Accomplice at Activant Capital. “Tom and Eric carry the uncommon technical depth and regulatory fluency wanted to construct and scale a product like this. We’ve shared this imaginative and prescient for years — and now’s the time to carry it to life.”

    Throughout main monetary markets — together with the US, UK, EU, and Singapore — rising regulatory frameworks are accelerating enterprise adoption and driving demand for infrastructure that connects in the present day’s monetary system with tomorrow’s digital economic system.

    “Velocity is constructing foundational infrastructure for the way forward for international finance,” mentioned Shiv Patel, Accomplice at Gasoline Ventures. “We backed Tom at Volt, and we’re proud to again him once more. Tom and Eric carry uncommon depth in navigating regulation, scaling enterprise platforms, and fixing the real-world operational challenges that outline success.”

    “We’re proud to help Velocity as a strategic accomplice,” added Michael Shaulov, Founder and CEO at Fireblocks. “As demand for stablecoin-based cost infrastructure accelerates, the market wants trusted, enterprise-ready options. Velocity is bringing a considerate method to this subsequent chapter of digital funds.”





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