Stablecoin Infrastructure Startup BVNK Gets Strategic Investment From Visa

This investment was made through Visa Ventures, Visa’s branch that focuses on investing in other companies. It comes at a time when stablecoins are becoming more popular and accepted.

BVNK helps businesses make payments using both regular money (fiat) and stablecoins. The company didn’t say how much money Visa invested.

BVNK is based in London. Before this, it raised $50 million in December 2024 in a funding round led by Haun Ventures. Other investors included Coinbase Ventures, Scribble Ventures, DRW Venture Capital, Avenir, and Tiger Global.

Rubail Birwadker, head of growth products and partnerships, Visa, said: “Stablecoins are fast becoming a part of global payment flows, and Visa invests in new technologies and builders like BVNK, staying at the forefront of what’s next in commerce to better serve our clients and partners.”

BVNK says that in 2024, people around the world made $27 trillion worth of stablecoin transactions.

The company also says it handles over $12 billion each year in stablecoin payments for big clients like Ferrari and Rapyd. BVNK helps these companies send, receive, exchange, and store both stablecoins and regular money (fiat).

Jesse Hemson Struthers, co-founder & CEO of BVNK, said: “We’re experiencing a once in a generation shift to a new foundational payment technology, powered by stablecoins.

“At BVNK, we’re building the infrastructure to make these new rails accessible to businesses, empowering them to operate at the speed of today’s economy.”