Velocity, a stablecoin treasury and settlement platform founded in 2025, has raised $38 million in Series A funding to expand its enterprise-focused financial infrastructure. The round was led by Dragonfly and FirstMark, with participation from Capital One Ventures, Coinbase Ventures, QED Investors, Activant Capital, Ripple, and Wintermute Ventures.

The funding brings Velocity’s total capital raised to nearly $50 million since its launch. The company plans to use the investment to grow its global banking and payments network, accelerate product development, strengthen regulatory capabilities, and support increasing demand from enterprise customers.

Bridging Traditional Treasury Operations and Stablecoin Infrastructure

Unlike many crypto-focused platforms, Velocity is targeting CFOs and corporate treasury teams. Its platform combines stablecoin technology with banking connectivity, compliance tools, custody solutions, liquidity management, and settlement orchestration.

The company’s goal is to help businesses improve cross-border payment processes by enabling faster settlement and reducing the need for large amounts of prefunded capital. Velocity aims to integrate with existing treasury workflows rather than requiring companies to completely redesign their financial operations.

Stablecoins Move Toward Enterprise Financial Use Cases

Velocity’s funding round highlights growing interest in stablecoins as potential infrastructure for global financial operations. Founder and CEO Eric Queathem said the company believes stablecoins will become an important part of how businesses manage and move money internationally.

The participation of investors from both fintech and financial services backgrounds reflects broader attention toward stablecoin-based solutions. However, Velocity enters a competitive market where established payment providers and emerging infrastructure companies are also working to solve challenges around cross-border transactions and liquidity.

Key takeaways for fintech startups

The stablecoin sector is moving beyond consumer crypto applications toward enterprise financial infrastructure. Key lessons include:

• Enterprise adoption depends on solving real operational challenges, not only introducing new technology.
  
  
• Regulatory readiness and compliance capabilities are becoming essential competitive advantages.
  
  
• Financial infrastructure startups need clear value propositions around cost, speed, and workflow improvements.

As financial services continue to evolve, companies building the next generation of payment and treasury infrastructure need strong strategy, market positioning, and execution. Contact us to explore how Your Fintech Story can support your fintech growth journey.

Egypt-based e-commerce operations platform Fincart has raised an oversubscribed $2.8 million Seed funding round to support its expansion across the Middle East and Africa. The round was co-led by Launch Africa and Antler MENAP, with participation from Yango Ventures, Five35 Ventures, Bluestream Capital, Hi2 Global, Kalahari Venture Labs, and several other regional investors.

Founded in 2023 by Mostafa Masry and Nihal Ali, Fincart provides an AI-powered operating platform that helps e-commerce merchants manage shipping, customer engagement, and cash advances through a single interface. The platform integrates with more than 40 courier companies across Africa, allowing businesses to streamline day-to-day operations.

AI platform aims to simplify merchant operations

Fincart says its platform was built to address operational challenges faced by online merchants, particularly around last-mile delivery and cash-on-delivery reconciliation. Instead of relying on multiple disconnected tools, merchants can manage key operational processes from one platform.

The company currently serves more than 450 merchants and enterprise clients across sectors including fashion, cosmetics, accessories, and electronics. According to Fincart, its platform has facilitated nearly EGP 1 billion in gross merchandise value through automated workflows. The company also says around 40% of its customer acquisitions have come through referrals without any marketing spend over the past three years.

Investment to support regional expansion

Fincart plans to use the new funding to further develop its AI platform, expand its commercial and technology teams, strengthen strategic partnerships, and accelerate growth across the MENA and African markets. The company also intends to lay the groundwork for expansion into additional markets in 2027.

The Seed round follows Fincart’s pre-Seed funding round in January 2025, which was led by Plus VC alongside other regional investors.

Key takeaways for fintech startups

Fincart’s latest funding round highlights several trends shaping fintech and commerce infrastructure across emerging markets:

• AI-powered platforms continue to simplify complex merchant operations.
  
  
• Combining operational tools and embedded financial services can create greater value for businesses.
  
  
• Strong product-market fit can fuel organic, referral-driven customer growth.
  
  
• Investors remain interested in fintech infrastructure supporting e-commerce across MENA and Africa.

Ready to grow your fintech business? Whether you’re announcing a funding round, expanding into new markets, or launching a new product, Your Fintech Story helps fintech companies increase their visibility and reach the right audience. Contact us to discover how we can support your next stage of growth.