Visa backs fintech company BVNK specializing in B2B stablecoin transactions
Visa, the global payment technology company, has made a significant stride in the stablecoin sector by investing €2 million ($2.27m) in BVNK, a UK-headquartered fintech company specialising in stablecoin payment infrastructure and wallet solutions. This investment, announced in March, is part of Visa's strategy to expand stablecoin support, integrate multiple blockchains, and enable scalable, efficient payment settlements.
BVNK's Series B funding round also included share sales by two founders, bringing the total funds raised to $50 million in December 2024. The company's current valuation, based on the price paid for stock issuances, stands at around $625 million.
The investment in BVNK is a strategic move by Visa to stay at the forefront of commerce, as stated by Rubail Birwadker, Head of Growth Products and Partnerships at Visa. The company aims to better serve clients and partners by investing in new technologies and builders like BVNK.
BVNK has already made its mark in the United States, having secured money transmitter licenses in 18 states and opening offices in New York and San Francisco. This expansion is a testament to the growing demand for stablecoin solutions in the US market.
As for BVNK's stablecoin payment volumes, they have seen a significant increase. At the time of the December 2024 funding round, the volumes were at an annualized rate of $10 billion. The latest data shows that this figure has grown to $12 billion.
Visa's foray into stablecoins is not isolated. Last year, Stripe acquired another stablecoin infrastructure firm, Bridge, for $1.1 billion. This move indicates a growing trend among payment technology companies to invest in and integrate stablecoin infrastructure.
While the details about Visa's direct investments or partnerships specifically with BVNK are not yet confirmed, the company's investment in BVNK and its strategic focus on stablecoins suggest a commitment to the stablecoin sector. As regulations become clearer and market demand grows, we can expect to see more developments in this area from Visa and other industry leaders.
[1] Source: Visa Q2 2025 Report [2] Source: Visa Press Release, "Visa Expands Stablecoin Settlement Capabilities" [3] Source: CoinDesk, "Visa Adds Support for Three New Stablecoins" [4] Source: Finextra, "Visa Partners with Bridge for Stablecoin Payments"
- Visa's investment in BVNK, a fintech company specializing in stablecoin payment infrastructure and wallet solutions, is part of their technology strategy to support stablecoins, integrate multiple blockchains, and facilitate scalable, efficient payment settlements, as revealed in the Visa Q2 2025 Report [1].
- With stablecoin payment volumes at an annualized rate of $12 billion, as per the latest data, BVNK's strategic focus on stablecoins and its investments from companies like Visa are indicative of growing insights and demand for stablecoin solutions in the finance sector, as highlighted in the Finextra report [3].
