Velocity raises $38M
Velocity announced a Series A round of $38M on 14 July 2026. The company operates in FinTech and is based in United Kingdom. It was founded by Eric Queathem, Founder & CEO.
Founder
Eric Queathem
Founder & CEO, Velocity
Outreach angles
- -Eric spent nine years at Worldpay working on corporate strategy, acquisitions, crypto, and global payouts.
- -He co-founded Velocity with payments veteran Tom Greenwood, founder of IFX Payments and Volt.
- -The $38M Series A led by Dragonfly and FirstMark funds enterprise-grade stablecoin treasury and settlement rails.
Signals
Series AFinTechB2BEnterpriseSecond-Time FounderAPI-First
Round details
Company: Velocity
Domain: velocity.xyz
Amount: $38M
Stage: Series A
Industry: FinTech
Country: United Kingdom
Announced: 14 July 2026
Other FinTech raises
Recently funded in United Kingdom