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December 17, 2024

BVNK

By Diogo Mónica

Today, I'm thrilled to announce we’re leading the Series B for BVNK. Joining us in this round are Coinbase, Tiger Global, and many other institutional and angel investors. We believe stablecoins have emerged as one of the most impactful innovations in financial rails of the past few decades, and BVNK is a global leader in stablecoin payment infrastructure.

With the stablecoin market now processing $25.1 trillion annually, we believe their momentum to be undeniable. Legacy systems like SWIFT and SEPA, built decades ago, no longer seem sufficient to meet the demands of a fast-moving, interconnected global economy. Meanwhile, stablecoins offer a stepwise change in speed, transparency, and cost efficiency.

BVNK is not just participating in this transformation—it’s helping to lead the way.

The promise of crypto has long been to build faster, fairer, and more inclusive financial systems. BVNK is creating infrastructure that bridges the gap between fiat and stablecoin ecosystems, thereby enabling  businesses like Deel, Rapyd, and Trust Payments, to send, receive, and settle payments seamlessly, regardless of currency or geography.

We’re thrilled to partner with Jesse Hemson-Struthers, Donald Jackson, Chris Harmse, and the entire BVNK team as they continue to expand their global footprint, bringing internet-speed payments to businesses worldwide. This team has been building for over five years, through multiple crypto cycles, and brings real business building skills to this challenge. Their growth has been commensurate with their skills, and we’re excited to help them tackle new markets.

We’re just at the beginning of this new payment era, and BVNK will be a key player in this next chapter, working to redefine how money moves globally. Sounds interesting? Join in on the fun.

Diogo Mónica
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