Velocity, a financial infrastructure platform, secured $10M in pre-seed funding to develop an advanced digital finance operating system. The funding, led by Activant Capital and supported by several venture firms, aims to innovate how enterprises manage their financial operations, particularly in FX, liquidity, and treasury, using stablecoin infrastructure. Founded by industry veterans Tom Greenwood and Eric Queathem, Velocity aims to address the inefficiencies and complexities of legacy banking systems faced by global businesses. Activant Capital's support underscores their commitment to fostering impactful and scalable business solutions in this sector.
Velocity isn't just solving cross-border payments - it's rethinking how enterprises manage FX, liquidity, and treasury through stablecoin infrastructure.
We've experienced first-hand the financial complexity of operating a global business - the fragmentation of providers, the lack of transparency, and the workarounds.
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