BVNK, a London-based global infrastructure platform for stablecoins, has received an investment from Visa.
This follows BVNK’s US$50 million Series B funding round in December 2024, led by Haun Ventures, with participation from Coinbase Ventures, Scribble Ventures, DRW Venture Capital, Avenir, and Tiger Global.
Commenting on the investment, Rubail Birwadker, Head of Growth Products and Partnerships at Visa, said:
“We’re proud to support BVNK as they help accelerate global adoption of stablecoin payments. 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.”
According to Visa Onchain Analytics (2025), stablecoins recorded a total global transaction volume of US$27 trillion across 1.25 billion transactions in 2024.
BVNK reports that it processes more than $12 billion annually, serving clients such as Ferrari and Rapyd.
The company enables businesses to send, receive, convert, and hold both stablecoins and traditional fiat currencies.
Jesse Hemson Struthers, Co-Founder and 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.”
Earlier in 2025, BVNK expanded its operations to the United States, establishing offices in San Francisco and New York. The company’s US operations are led by Amit Cheela, formerly of BlockFi, and Keith Vander Leest, previously with Cross River.
Featured image credit: edited from freepik
