Velocity Funding News- Velocity Raises €8.9M To Build The OS For Digital Finance

The round was led by Activant Capital, with support from Fuel Ventures, Triton Capital, Fabric Ventures, Commerce Ventures, and Preface Ventures.

Activant Capital is based in Greenwich and focuses on growth equity, working closely with its portfolio companies to create real impact.

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With offices in Greenwich, New York, Germany, and Cape Town, Activant supports top entrepreneurs around the world in turning smart ideas into scalable businesses.

Their main focus areas include growth-stage investing, partnering with founders, market research, tech infrastructure, and strategic support for fast-growing companies.

“Velocity isn’t just solving cross-border payments — it’s rethinking how enterprises manage FX, liquidity, and treasury through stablecoin infrastructure,” says Andrew Steele, Partner at Activant Capital. “Tom and Eric bring the rare technical depth and regulatory fluency needed to build and scale a product like this. We’ve shared this vision for years — and now is the time to bring it to life.”

The company’s key backers include current or former leaders from major companies like Stripe, Worldpay, Visa, Circle, PayPal, and Google.

Velocity was founded by payments experts Tom Greenwood (Volt, IFX) and Eric Queathem (Worldpay, McKinsey & Company).

While stablecoin technology has improved, it’s still not fully ready for large global businesses. The next step is making it not just technically possible, but also easy and reliable to use at scale.

“We’ve experienced first-hand the financial complexity of operating a global business — the fragmentation of providers, the lack of transparency, and the workarounds,” says Eric Queathem, co-founder and President. “Velocity is built to eliminate that friction with infrastructure that scales, adapts, and solves the real-world problems large enterprises face every day, moving and managing money around the world.”

Velocity helps businesses manage money more easily with a secure platform that connects banks, blockchains, and AI. This lets companies manage both regular and digital assets in one smooth system.

Velocity simplifies the tech behind transactions, making it easier to handle cross-border payments, manage liquidity, and run treasury operations.

It brings together the speed and flexibility of stablecoins with the reliability of traditional finance to solve real-world problems in global money management.

“The future of finance isn’t about replacing the old with the new. It’s about intelligently integrating both,” says Tom Greenwood, co-founder and CEO. “We’re not chasing crypto hype — we’re using stablecoins to remove friction, accelerate settlement, and drive improved performance of real-world financial operations.”

About Velocity

Founded in 2025, Velocity is a financial platform designed to simplify global payments and treasury using stablecoin technology. It helps businesses move, store, and manage money smoothly across banks, blockchains, and borders.