BVNK
BVNK is an enterprise-grade stablecoin payment infrastructure platform founded in 2021 that enables businesses to send, receive, convert, and store fiat and digital currencies across 130+ countries via a single API. It serves fintechs, PSPs, marketplaces, payroll providers, and large enterprises processing over $30 billion in annualised payment volume.
- Company typePrivate
- Founded2021
- HeadquartersLondon, United Kingdom
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What BVNK does
BVNK is an enterprise-grade stablecoin payment infrastructure platform founded in 2021 and headquartered in London, UK. The company provides multi-rail payment infrastructure enabling businesses to send, receive, convert, and store fiat and digital currencies across 130+ countries, with annualised payment volumes exceeding $30 billion. Its core products include Managed Payments (a turnkey solution bundling BVNK's licensing, custody, liquidity, and compliance), Self-Managed Payments and Layer1 (enterprise options allowing customers to use their own licenses, custodians, and liquidity partners), Embedded Wallets (white-label wallet infrastructure for partner platforms), Virtual Accounts (EUR, GBP, USD), Payment Orchestration, and On/Off Ramps. The platform bridges traditional payment schemes (SWIFT, ACH, SEPA, SEPA Instant, FedNow, Faster Payments) with major blockchain networks (Ethereum, Tron, Polygon, Solana, Bitcoin, BNB Chain) via a single API, supported by ISO 27001:2022 and SOC 2 Type II certifications and 25+ regulatory licenses across the US, UK, EU, and Spain.
The business operates a primarily transaction-based revenue model: tiered fees on payment volumes, conversion spreads on crypto-asset transactions (BVNK Rate plus a pre-agreed Commercial Fee), and optional platform/subscription fees including onboarding, monthly platform, and minimum monthly commitment fees for enterprise customers. GTM combines direct enterprise field sales targeting large corporates and financial institutions with a $500,000 monthly payment volume threshold, API-first self-serve access for technical teams, and embedded/white-label partnerships with fintechs, PSPs, marketplaces, and payroll platforms. Named customers and partners include Worldpay, dLocal, Deel, Corpay, TransferMate, Thunes, Flywire, LianLian Global, Bitso, Rapyd, Circle, HighNote, PayDo, Meow, Paytently, and Solana Foundation. Backed by Visa Ventures, Coinbase Ventures, DRW, Tiger Global, Haun Ventures, and Saison Capital.
In March 2026, Mastercard announced a definitive agreement to acquire BVNK for up to $1.8 billion (including $300 million in contingent payments), representing the largest acquisition of a stablecoin company to date and closing in May 2026. The acquisition integrates BVNK's on-chain payment capabilities and 130+ country license footprint with Mastercard's global fiat network, with stated use cases spanning cross-border remittances, P2P payments, and tokenized deposits.
BVNK firmographics
Firmographics- Name
- BVNK
- Legal name
- System Pay Services (Malta) Ltd
- Website
- https://bvnk.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- BVNK is an enterprise-grade stablecoin payment infrastructure platform founded in 2021 that enables businesses to send, receive, convert, and store fiat and digital currencies across 130+ countries via a single API. It serves fintechs, PSPs, marketplaces, payroll providers, and large enterprises processing over $30 billion in annualised payment volume.
- Ownership category
- akta.pro rank
BVNK industry classification
Industry- Product category
- Stablecoin Payments Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)
- akta.pro secondary industries
- Crypto Payment Gateways & Checkout APIs (FSADAIAA), Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ)
Keywords
Where BVNK is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
BVNK business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others
Revenue model
- Transaction and Payment Processing Fees: Fees charged to merchants for payment processing services, with pricing tiers based on payment volumes. BVNK applies percentage and/or fixed fees for sending or receiving crypto-assets to or from external wallets.
- Conversion Services: Revenue generated through Conversion All-in Exchange Rate which includes BVNK Rate (sourced from global exchanges, market makers, and OTC desks) plus Commercial Fee (pre-agreed percentage and/or fixed amount). Conversion spread applies to buy, sell, and convert crypto-asset transactions.
- Platform and Subscription Fees: Potential fees including onboarding fees (one-time account setup), monthly platform fees charged in arrears, and Minimum Monthly Commitment fees when aggregate transaction fees fall below pre-agreed thresholds.
- Blockchain Network Fees: Fees passed through to customers for blockchain network transactions, estimated based on prevailing network fees and disclosed at transaction time. BVNK charges estimated fee which may differ from actual due to network congestion or transaction batching.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Volume-based tiered pricing for payment services |
| Transaction based/ take rate | Pay-as-you-go | Bespoke commercial fee structure for conversion services |
| Subscription | Monthly | Optional platform access fees for enterprise customers |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
BVNK product offering
Product offeringCore offering
BVNK provides enterprise-grade stablecoin payment infrastructure enabling businesses to send, receive, convert, and store stablecoins and fiat currencies across traditional payment rails (Swift, ACH, SEPA, FedNow) and major blockchain networks. The platform is offered as Managed Payments (turnkey with BVNK licensing and custody), Self Managed Payments, and Embedded Wallets for white-label deployment, all accessible via a single API for customers with minimum $500,000 monthly payment volumes.
Product overview
BVNK is an enterprise-grade stablecoin payment infrastructure platform offering a unified portfolio of products for global money movement. The core offering is Managed Payments, a turnkey solution providing custody, liquidity, licensing, and compliance for businesses processing stablecoin payments (minimum $500,000/month). Self Managed Payments and Layer1 provide enterprise alternatives allowing businesses to use their own infrastructure while leveraging BVNK's capabilities. Embedded Wallets enables platforms to white-label stablecoin payment capabilities. All products are accessible via the BVNK API and are backed by 25+ regulatory licenses across US, UK, and EU jurisdictions. The platform supports virtual accounts, cross-border payments, payment orchestration, and compliance tools, processing over $30 billion in annualised payment volumes.
Differentiator
Problem solved
Functional benefit
Brands
- Layer1: A self-managed payments solution allowing businesses to plug in their own licenses, custodians, and liquidity partners to run their own stablecoin payments network in-house.
Products and services
- Managed Payments Turnkey enterprise solution enabling businesses to send, receive, convert, and store stablecoins and fiat using BVNK's licensing, custody, and compliance infrastructure, including virtual accounts in EUR, GBP, and USD. Targeted at enterprises processing minimum $500,000 in monthly payment volumes.
- Self Managed Payments
- Layer1
- Embedded Wallets
- BVNK API
Quantifiable outcome
- Cost reduction of 70-80% compared to traditional Swift remittance corridors in LATAM-Asia routes
- +4 more outcomes
Companies that use BVNK
Customer profileNamed customers9 records
Segments6 records
Ideal customer profiles3 records
BVNK technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
Feature6 records
BVNK partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- TransferMatecoreTransferMate partnered with BVNK to incorporate stablecoin settlements into its global B2B payments network across Asia-Pacific, Americas, and Europe. Integration targets sectors including global payroll, e-commerce, and international education, allowing businesses to use stablecoins pegged to fiat currencies.
- DeelcoreDeel launched stablecoin salary payouts powered by BVNK and created dedicated crypto division. Deel processed $250 million in crypto payouts in 2025 and enables global workers in over 100 countries to receive stablecoin-based salary payments with funds settling automatically in fiat.
- CorpaycoreCorpay partnered with BVNK to integrate stablecoin wallets and 24/7 settlement into its cross-border payments platform serving 800,000+ clients. Integration enables customers to view stablecoin balances alongside fiat balances and access embedded wallets for sending, receiving, storing, and converting stablecoins. Corpay processes over $12 billion in corporate payments and $26 billion in foreign exchange monthly.
- Solana FoundationcoreSolana Foundation partnered with BVNK as part of the Solana Developer Platform (SDP), an enterprise-grade API gateway enabling financial institutions to build on Solana. BVNK participates as a payment infrastructure partner for stablecoin settlement and cross-border payments on the platform alongside Worldpay and Western Union.
- MastercardcoreMastercard announced definitive agreement to acquire BVNK for up to $1.8 billion including $300 million contingent payments. Acquisition enables Mastercard to connect on-chain payments and stablecoin rails with existing fiat payment network, supporting cross-border remittances, P2P payments, and tokenized deposits across 130+ countries. Deal closed May 2026.
- WorldpaycoreWorldpay integrates BVNK stablecoin payout solution enabling clients across all verticals including marketplaces, travel, and gaming to make streamlined payouts without handling digital assets directly. Worldpay logo appears prominently in BVNK customer section.
- dLocalcoredLocal integrates BVNK stablecoin capabilities to offer even faster, borderless payments without compromising compliance or control for their merchant clients across emerging markets.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
BVNK competitors and assessment
Company assessmentDirect peers
- Fireblocks: Institutional custody and payments infrastructure for digital assets. Comparable to BVNK's enterprise-facing stablecoin rails, providing APIs and orchestration for banks, fintechs, and payment companies moving funds on-chain.
- Paxos: Stablecoin issuer (PYUSD, PAXG) and enterprise blockchain infrastructure provider. Comparable to BVNK across stablecoin issuance, redemption APIs, and treasury operations for regulated financial institutions.
- Stripe (Bridge): Global payments incumbent that acquired Bridge to launch stablecoin financial accounts. Competes directly with BVNK by offering stablecoin rails and on/off-ramps to its massive merchant base.
- BitPay: Long-standing crypto payment processor offering merchant checkout and stablecoin payouts. Overlaps with BVNK's merchant and PSP-facing stablecoin payment acceptance value proposition.
- Circle: USDC issuer operating one of the largest stablecoin payment and treasury networks. Directly comparable to BVNK as a stablecoin-native payment infrastructure provider targeting enterprise and fintech use cases.
- Ripple: Cross-border payments network with its own regulated stablecoin (RLUSD) and institutional liquidity product. Competes with BVNK on enterprise cross-border settlement corridors and bank partnerships.
Broad incumbents
- dLocal: Emerging-market cross-border payments processor that uses BVNK for stablecoin rails; itself a comparable incumbent in cross-border merchant acquiring and emerging-market payout.
- Coinbase: Largest US-regulated crypto exchange with Commerce, Prime, and Base rails spanning payments, custody, and stablecoin infrastructure. Broad incumbent offering overlapping capabilities to BVNK across stablecoin and fiat on/off-ramps.
- Currencycloud: Cross-border payments-as-a-service platform acquired by Visa in 2021. Comparable to BVNK's B2B/fintech payment orchestration and FX-influenced flows, especially now under Visa's digital-asset push.
Regional players
- LianLian Global: Asia-Pacific focused cross-border payments processor serving e-commerce and education verticals. Comparable to BVNK's Asia-Pacific payment partnership scope (per TransferMate and BVNK deployment context).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
BVNK social profiles
Digital presenceBVNK compliance and trust
Trust signalCompliance7 records
BVNK financial estimates
Financial estimateRevenue estimate
Valuation estimate
BVNK leadership team
Management profileNumber of profiles
Profiles12 records
BVNK funding detail
Funding detailFunding overview
Funding rounds4 records
Investors16 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BVNK M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BVNK
What does BVNK do?
BVNK provides enterprise-grade stablecoin payment infrastructure enabling businesses to send, receive, convert, and store stablecoins and fiat currencies across traditional payment rails (Swift, ACH, SEPA, FedNow) and major blockchain networks. The platform is offered as Managed Payments (turnkey with BVNK licensing and custody), Self Managed Payments, and Embedded Wallets for white-label deployment, all accessible via a single API for customers with minimum $500,000 monthly payment volumes.
Is BVNK a public or private company?
BVNK is a private company. It is classified as corporate owned and is currently operating.
When was BVNK founded?
BVNK was founded in 2021. It employs 251 to 500 people.
Where is BVNK based?
BVNK is headquartered in London, United Kingdom, in the Europe region.
How does BVNK make money?
Four revenue lines are on record. Transaction and Payment Processing Fees are the primary driver. The others are conversion Services, platform and Subscription Fees and blockchain Network Fees.
Who are BVNK's main competitors?
Direct peers on record are Fireblocks, Paxos, Stripe (Bridge), BitPay, Circle and Ripple. Broad incumbents are dLocal, Coinbase and Currencycloud. LianLian Global is listed as a regional player.
Does BVNK have an API?
Yes. BVNK offers a public API for developers to build stablecoin payment integrations. The API enables programmatic access to send/receive payments, wallet management, currency conversion, virtual accounts, and stablecoin settlement. API documentation is available at docs.bvnk.com with an API reference at docs.bvnk.com/reference. A sandbox/test environment is available at signup.sandbox.bvnk.com for development and testing. Developer documentation is at docs.bvnk.com/docs/introduction.
What industry is BVNK in?
BVNK's product category is Stablecoin Payments Infrastructure. Its primary akta.pro industry code is BPAMAFAL, Crypto Payments & Stablecoin Settlement Platforms, with a secondary code of FSADAIAA, Crypto Payment Gateways & Checkout APIs. Its NAICS code is 522320 and its SIC code is 6199.