Velocity Raises $10 Million Pre-Seed to Build Enterprise Stablecoin Infrastructure

London, United Kingdom — Velocity today announced it has raised $10 million in pre-seed funding to develop the financial operating system for global businesses.

Founded by Eric Queathem, former EVP at Worldpay, Velocity is building the operational layer required for businesses to use stablecoins within modern treasury environments. While stablecoins have matured as a settlement mechanism, large organisations still require secure custody, reliable liquidity access, regulatory clarity and integration with existing financial systems before adopting them at scale.

Velocity was established to address that gap.

“Stablecoins change the mechanics of settlement,” said Eric Queathem, Founder and CEO of Velocity. “But enterprises do not adopt new rails based on mechanics alone. They require infrastructure that meets the standards of their treasury and risk teams. Our focus is building that infrastructure from the ground up.”

The seed round was lead by some of the best investors in the space such as Activant,  Fuel Ventures and others; with participation from key advisors and angel investors from companies like Revolut, Worldpay, PayPal, Stripe, Visa, and more.

Velocity’s platform is designed for CFOs and finance teams managing high-volume, cross-border flows. It supports real-time settlement while embedding governance, reporting and operational oversight into the transaction lifecycle. Velocity is working with institutional partners across custody, liquidity and banking to ensure depth and resilience across the full stack.

The $10 million in funding will support continued platform development, expansion of the engineering and infrastructure teams, further build out of Velocity’s global banking network and investment in regulatory and compliance frameworks across key jurisdictions. The company is prioritising secure architecture and operational controls from the outset, recognising that enterprise adoption depends on reliability and regulatory alignment as much as speed.

Velocity is currently working with a select group of enterprise partners and customers and expects to make the platform more broadly available later this year.

The company’s view is that stablecoins are moving beyond early experimentation and becoming part of the core infrastructure underpinning global commerce. As that transition accelerates, businesses will require settlement systems that align with the existing treasury discipline rather than sit outside of it. Velocity is positioning itself to support that shift.

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