Velocity raises $48M Series A at $200M valuation backed by Visa, Circle, Ripple

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London-based payments infrastructure company Velocity has extended its Series A funding round to a total of $48 million. The round values the firm at $200 million, according to CEO Eric Queathem. Notable backers in the round include major financial and crypto players Visa, Circle, and Ripple. The investment is expected to support Velocity's growth in the payments infrastructure space.

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