VelaFi secures $20m to scale stablecoin settlement

January 12, 2026

VelaFi, a stablecoin-powered financial infrastructure platform under Galactic Holdings, has closed a $20m Series B funding round to accelerate the expansion of its global settlement layer.

The latest financing was led by XVC and Ikuyo, with participation from Alibaba Investment, Planetree, existing shareholder BAI Capital and other global investors. This $20m Series B brings VelaFi’s total capital raised to more than $40m.

Founded in 2020, VelaFi has deep roots in Latin America and has developed real-world payment infrastructure for complex and underserved markets.

It now also serves enterprises in the US and Asia via a unified platform that connects local banking rails, global transfer networks and major stablecoin protocols. By addressing enterprise challenges such as settlement delays, liquidity inefficiencies and fragmented financial systems, the company enables fast, compliant and cost-efficient global financial flows.

VelaFi’s platform delivers enterprise-grade financial infrastructure, including on/off ramps, pay-ins and pay-outs, cross-border payments, multi-currency operations, FX workflows and secure asset management. These services are accessible directly through the platform or via API integrations. VelaFi has already supported hundreds of enterprise clients and processed billions of dollars in payment volume, with demand growing across its corridors.

VelaFi CEO and co-founder Maggie Wu said, “We are building the next generation of global payment infrastructure, one that is instant, transparent, and regulatory-first.

“This investment accelerates our global expansion from Latin America into the United States and Asia. These three regions collectively anchor a significant share of the world’s trade flows, capital movement, and enterprise activity. By strengthening our licensing footprint and deepening our connectivity across these critical economic corridors, we aim to build the unified settlement layer that modern global businesses urgently need but that traditional financial infrastructure has not been able to provide.”