VelaFi
VelaFi provides stablecoin-powered payment infrastructure — including on/off-ramps, cross-border settlement, LATAM local rail integrations, and merchant stablecoin acceptance — to 1,000+ institutional clients across 200+ countries, monetizing via transaction fees and FX spreads.
- Company typePrivate
- Founded2020
- HeadquartersMexico City, Mexico
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What VelaFi does
VelaFi is a Dallas-headquartered stablecoin-powered financial infrastructure company founded in 2020 that operates as a subsidiary of Galactic Holdings. The company provides on/off-ramps, cross-border B2B settlement, local payment method integration across LATAM markets, and merchant stablecoin acceptance to 1,000+ institutional clients across 200+ countries. Its platform is anchored by native integrations with regional payment rails including SPEI (Mexico), PIX (Brazil), PSE/CVU/Bre-B (Colombia/Argentina), and Yape/CCI (Peru), and supports six stablecoins (USDT, USDC, EURC, MXNB, BRL1, COPM) for settlement and payout delivery. VelaFi's infrastructure combines ISO 27001 and SOC 2 Type II certified controls with licensed VASP/PSP entities (e.g., Nebula Network S.A. de C.V. in Mexico) and partners with Fireblocks for custody, Circle Payments Network for USDC/EURC settlement, and Beosin for transaction monitoring.
The core product suite comprises On/Off-Ramps, LATAM Pay In/Pay Out, Global Payments, Stablecoin Payments (built on the x402 protocol with approximately two-second settlement), Mass Payout for bulk disbursements, and Global Treasury Management, all accessible via a unified API. VelaFi operates an API-first, self-serve go-to-market motion supplemented by direct enterprise sales, targeting use cases including cross-border e-commerce, B2B trade and manufacturing, global payroll, and SaaS/FinTech platforms. Revenue is generated through transaction fees and FX spreads on stablecoin-to-fiat conversions, with volume-based, quote-based enterprise pricing rather than publicly disclosed rates.
In January 2026, VelaFi closed a $20 million Series B co-led by XVC and Ikuyo with participation from Alibaba Investment, Planetree, and BAI Capital, bringing total funding to over $40 million. Capital is allocated to licensing footprint expansion and settlement infrastructure scaling across LATAM, the U.S., and Asia. The company recently expanded into Japan via the Stablecoin Settlement Association, extended corridors into Europe, the U.K., Africa, and the Middle East through a partnership with Nilos, and achieved SOC 2 Type II certification in February 2026 to support institutional sales readiness.
VelaFi firmographics
Firmographics- Name
- VelaFi
- Legal name
- VelaFi
- Website
- https://velafi.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- VelaFi provides stablecoin-powered payment infrastructure — including on/off-ramps, cross-border settlement, LATAM local rail integrations, and merchant stablecoin acceptance — to 1,000+ institutional clients across 200+ countries, monetizing via transaction fees and FX spreads.
- Ownership category
- akta.pro rank
VelaFi industry classification
Industry- Product category
- Cross-Border Payments Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)
- akta.pro secondary industries
- On/Off-Ramps & Fiat Liquidity Providers for Stablecoins (FSADADAG), Payments, Remittances & Merchant Acceptance (checkout, invoicing, payroll) (FSAPAEAE), Crypto Remittance & Cross-Border Money Transfer Providers (FSADAIAD), Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)
Keywords
Where VelaFi is headquartered
LocationHeadquarters
- HQ city
- Mexico City
- HQ country
- Mexico
- HQ region
- Latin America
Offices2 records
Markets served
VelaFi business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Transaction fees: VelaFi charges transaction fees on each payment processed through its stablecoin settlement rails. Fees are applied per transaction and scale with volume, forming the primary revenue stream.
- FX spread revenue: Revenue is generated through foreign exchange spreads when converting between stablecoins and local fiat currencies across VelaFi's supported regional payment networks.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Enterprise and institutional pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
VelaFi product offering
Product offeringCore offering
VelaFi provides stablecoin-powered financial infrastructure enabling real-time cross-border payments and settlement for global businesses. The platform offers on/off-ramps between fiat and stablecoins, native integration with LATAM local payment rails (SPEI, PIX, PSE), global cross-border settlement, and merchant stablecoin payment acceptance. It serves 1,000+ institutional clients across 200+ countries with sub-2-second settlement, 99.9% uptime, and 80% lower payment costs compared to traditional rails.
Product overview
VelaFi is a stablecoin-powered financial infrastructure platform offering a unified, modular architecture. The platform combines four core products: On/Off-Ramps (fiat-stablecoin conversion), LATAM Pay In/Pay Out (local payment methods), Global Payments (cross-border settlement), and Stablecoin Payments (merchant collection). These are complemented by Global Treasury Management, Mass Payout for bulk disbursements, and a Developer API. All products share a unified infrastructure connecting local banking rails, stablecoin networks (USDT, USDC, EURC, MXNB, BRL1, COPM), and local clearing systems (SPEI, PIX, PSE) to enable compliant, instant cross-border money movement across 200+ countries.
Differentiator
Problem solved
Functional benefit
Products and services
- On/Off-Ramps Fiat-to-stablecoin and stablecoin-to-fiat conversion infrastructure enabling borderless access between local currencies (MXN, BRL, COP, PEN) and stablecoins (USDT, USDC, BTC) with real-time compliance checks and clean reconciliation records. Designed for businesses needing scalable conversion between fiat and digital assets.
- LATAM Pay In / Pay Out Local payment method integration for LATAM markets including SPEI (Mexico), PIX (Brazil), CVU (Argentina), Bre-B/Nequi (Colombia), and Yape/CCI (Peru), enabling foreign companies to collect revenue and pay out without local entity setup. Designed for businesses operating in or paying into Latin American markets.
- Global Payments Cross-border payment infrastructure connecting local real-time payment systems to USDC settlement on blockchain for faster, cheaper value movement across 200+ countries with transparent execution and real-time tracking. Built for enterprises and institutions executing international transfers.
- Stablecoin Payments Accept and settle stablecoins for borderless commerce and the AI economy. Supports on-chain transfers and WalletConnect for payment collection, with customizable wallet accounts for collection, settlement, and treasury management. Targets merchants, platforms, and global businesses.
- Mass Payout Bulk stablecoin disbursement feature allowing businesses to distribute USDT or USDC to hundreds of recipients at once through a single CSV upload. Transfers between VelaFi users route internally with no on-chain fees. Targets platforms, fintechs, and digital businesses running high-volume disbursement workflows.
- VelaFi API Low-latency, high-throughput REST APIs with webhooks for real-time transaction events, enabling enterprise payment automation, on/off-ramps, multi-currency operations, and treasury management through platform integration. Includes sandbox for instant integration testing.
Quantifiable outcome
- Processes billions in payment volume across 1,000+ institutional clients in 200+ countries
Companies that use VelaFi
Customer profileSegments4 records
Ideal customer profiles1 record
VelaFi technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
AI capability1 record
Feature4 records
VelaFi partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- NiloscoreVelaFi and Nilos formed a strategic partnership to integrate stablecoin payment capabilities into Nilos' financial operations platform, enabling joint customers to execute cross-border settlements using VelaFi's infrastructure.
- FireblockscoreVelaFi integrated with Fireblocks' enterprise crypto infrastructure platform to leverage Fireblocks' secure custody, wallet management, and policy engine for its stablecoin settlement operations.
- BeosincoreVelaFi entered a strategic partnership with Beosin, a blockchain security firm, to incorporate security auditing and risk monitoring into its stablecoin payment infrastructure for enhanced compliance and protection.
- Circle Payments NetworkcoreVelaFi is a member of the Circle Payments Network, enabling USDC-based stablecoin settlement flows and integration with Circle's global payment infrastructure for fiat conversion and disbursement.
- Global Dollar NetworkcoreVelaFi joined the Global Dollar Network to participate in the development and adoption of the Global Dollar stablecoin initiative, contributing to a broader stablecoin interoperability and standards ecosystem.
- MinteominorVelaFi established a strategic alliance with Minteo to expand its stablecoin payment capabilities and market reach in specific regions through collaborative product development.
- SupefinaminorVelaFi partnered with Supefina to explore joint stablecoin payment solutions and market expansion opportunities.
- PayDDminorVelaFi partnered with PayDD to offer stablecoin payment options to PayDD's customer base, expanding reach into specific payment corridors.
- KUNcoreVelaFi entered a strategic partnership with KUN to jointly develop and promote stablecoin payment solutions, combining KUN's capabilities with VelaFi's settlement infrastructure.
- NoahminorVelaFi partnered with Noah to expand distribution of its stablecoin payment services to Noah's network of users and customers.
Scale indicators4 records
Recent moves7 records
Expansion highlights6 records
VelaFi competitors and assessment
Company assessmentDirect peers
- Yellow Card: Yellow Card provides stablecoin on/off-ramps and cross-border payments across Africa, with a comparable emerging-market B2B/API-first model. It competes with VelaFi's emerging-markets corridor thesis and developer-centric distribution approach.
- Bitso: Bitso is a Latin America-focused crypto exchange and payments platform serving retail and B2B cross-border flows across Mexico, Brazil, and Argentina. It directly competes with VelaFi in LATAM stablecoin on/off-ramps and B2B settlement.
- Bridge (Stripe): Bridge is a stablecoin issuance and payments API platform acquired by Stripe, targeting enterprise B2B cross-border flows. It is a direct competitor to VelaFi's Stablecoin Payments and Global Payments products with significantly stronger distribution post-acquisition.
- Conduit Pay: Conduit offers API-based cross-border payments with strong LATAM coverage, competing directly with VelaFi on programmable B2B payouts to Latin America through local rails.
Broad incumbents
- Wise: Wise is a leading cross-border multi-currency payments platform serving consumers and businesses. As a broad incumbent with global corridor depth, it competes with VelaFi for B2B cross-border payouts, though without native stablecoin rails.
- Ripple: Ripple provides enterprise blockchain-based cross-border payments (RippleNet, RLUSD stablecoin, On-Demand Liquidity). It is a broad incumbent in the same cross-border stablecoin/B2B settlement space as VelaFi, with deeper balance sheet and incumbent bank relationships.
- Circle: Circle is the issuer of USDC and operator of the Circle Payments Network — both a critical VelaFi partner and a structural competitor that could expand into the same enterprise settlement layer VelaFi occupies.
- MoneyGram: MoneyGram operates one of the largest global cross-border payment and remittance networks and has expanded into stablecoin-powered settlement. It is a broad incumbent competing with VelaFi for B2B and consumer remittance corridors.
Emerging players
- Paxos: Paxos issues regulated stablecoins (USDP, USDG via Global Dollar Network — a VelaFi partner) and provides enterprise digital asset infrastructure. It overlaps with VelaFi's stablecoin settlement architecture as both issuer and infrastructure provider.
- Nilos: Nilos is a VelaFi partner building financial operations infrastructure with stablecoin cross-border settlement for EU/UK and emerging corridors. It is an emerging peer with overlapping scope in regulated cross-border stablecoin payments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
VelaFi social profiles
Digital presenceVelaFi compliance and trust
Trust signalCompliance3 records
VelaFi financial estimates
Financial estimateRevenue estimate
Valuation estimate
VelaFi leadership team
Management profileNumber of profiles
Profiles3 records
VelaFi funding detail
Funding detailFunding overview
Funding rounds6 records
Investors13 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
VelaFi M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about VelaFi
What does VelaFi do?
VelaFi provides stablecoin-powered financial infrastructure enabling real-time cross-border payments and settlement for global businesses. The platform offers on/off-ramps between fiat and stablecoins, native integration with LATAM local payment rails (SPEI, PIX, PSE), global cross-border settlement, and merchant stablecoin payment acceptance. It serves 1,000+ institutional clients across 200+ countries with sub-2-second settlement, 99.9% uptime, and 80% lower payment costs compared to traditional rails.
Is VelaFi a public or private company?
VelaFi is a private company. It is classified as venture growth investor backed and is currently operating.
When was VelaFi founded?
VelaFi was founded in 2020. It employs 51 to 100 people.
Where is VelaFi based?
VelaFi is headquartered in Mexico City, Mexico, in the Latin America region.
How does VelaFi make money?
Two revenue lines are on record. Transaction fees are the primary driver. The others are FX spread revenue.
Who are VelaFi's main competitors?
Direct peers on record are Yellow Card, Bitso, Bridge (Stripe) and Conduit Pay. Broad incumbents are Wise, Ripple, Circle and MoneyGram. Emerging players are Paxos and Nilos.
Does VelaFi have an API?
Yes. Low-latency, high-throughput REST APIs for payments, on-ramps, and off-ramps. Webhooks for real-time transaction events. Clear documentation and Sandbox for instant integration. The API enables enterprise-grade payment automation, multi-currency operations, FX workflows, treasury management, and settlement across LATAM, Asia, and the U.S. Accessible directly through the platform or via API integrations. Developer documentation is at docs.velafi.com.
What industry is VelaFi in?
VelaFi's product category is Cross-Border Payments Infrastructure. Its primary akta.pro industry code is BPAMAFAL, Crypto Payments & Stablecoin Settlement Platforms, with a secondary code of FSADADAG, On/Off-Ramps & Fiat Liquidity Providers for Stablecoins. Its NAICS code is 522320 and its SIC code is 6200.