BVNK

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.

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

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

• Stablecoin payments infrastructure
• Cross-border payment orchestration
• Embedded wallet technology
• Fiat-crypto conversion APIs
• Enterprise payment processing

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. 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.
2. 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.
3. 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.
4. 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

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core 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

Named customers9 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

Feature6 records

Partnerships

Seven partnerships are on record, tiered core.

• TransferMatecoreImplementation/ SI/ Consulting Partner · 4 June 2026TransferMate 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.
• DeelcoreTechnology or Integration · 22 May 2026Deel 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.
• CorpaycoreImplementation/ SI/ Consulting Partner · 11 May 2026Corpay 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 FoundationcoreStrategic or Co-development Partner · 25 March 2026Solana 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.
• MastercardcoreOthers · 17 March 2026Mastercard 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.
• WorldpaycoreTechnology or IntegrationWorldpay 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.
• dLocalcoreTechnology or IntegrationdLocal 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

Direct 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

• Xx.com/BVNKFinance
• YouTubeyoutube.com/@bvnktechnology
• LinkedInlinkedin.com/company/bvnk
• Instagraminstagram.com/bvnkfinance
• Facebookfacebook.com/bvnkfinance

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds4 records

Investors16 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BVNK