VelaFi, a stablecoin-powered financial infrastructure platform operating under Galactic Holdings, has raised $20 million in a Series B funding round to accelerate its global expansion. The round was led by XVC and Ikuyo, with participation from Alibaba Investment, Planetree, existing shareholder BAI Capital, and other international investors, taking the company’s total funding to more than $40 million.
Founded in 2020, VelaFi has built a strong presence in Latin America by delivering real-world payment infrastructure for enterprises operating in complex and underserved markets. The company has since expanded into the United States and Asia, offering businesses a unified platform that connects local banking rails, global transfer networks and leading stablecoin protocols.
By addressing persistent enterprise challenges such as settlement delays, liquidity inefficiencies and fragmented financial systems, VelaFi enables faster, more transparent and cost-efficient global financial flows.
The platform provides enterprise-grade capabilities including on- and off-ramps, pay-ins and pay-outs, cross-border payments, and support for multi-currency operations, foreign exchange workflows and secure asset management. These services are available directly through VelaFi’s platform or via API integrations. To date, the company has supported hundreds of enterprise customers and processed billions of dollars in payment volume, with demand continuing to grow across its global corridors.
“We are building the next generation of global payment infrastructure, one that is instant, transparent, and regulatory-first,” said Maggie Wu, Chief Executive Officer and Co-Founder of VelaFi. “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.”
Global payment flows exceed US$150 trillion annually, while stablecoins are now estimated to support between US$25 trillion and US$30 trillion in annual settlement volume across cross-border enterprises, global e-commerce, trade networks and institutional financial activity. As global finance continues to shift towards faster, more interoperable and transparent systems, VelaFi aims to position itself at the centre of this transformation by delivering compliant, scalable and enterprise-ready stablecoin infrastructure for the future of global business.
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