TLDR
- Visa invests €2M in BVNK to boost stablecoin payments.
- BVNK expands to the U.S. with offices and licenses in 18 states.
- BVNK reports $12B in annual stablecoin payment volume.
- Visa sees $27T in global stablecoin transactions.
- The deal supports Visa’s broader digital asset strategy.
Visa has strategically invested in BVNK, a UK-based fintech company specializing in stablecoin payment infrastructure. The investment, facilitated through Visa Ventures, aims to support the growth of stablecoin technology as a viable global payment solution. BVNK CEO Jesse Hemson-Struthers officially announced the partnership , emphasizing the collaboration’s strategic nature beyond financial backing.
BVNK Strategic Round⚡️
📑 About: @BVNKFinance offers banking services and payments for crypto-native businesses.
🤝 Investor: @Visa
👉 https://t.co/SSbLdVpVib pic.twitter.com/2f8qFTzZI9
— Fundraising Digest (@CryptoRank_VCs) May 7, 2025
According to filings, Visa invested €2 million (approximately $2.27 million) in March 2025. This investment follows BVNK’s $50 million Series B funding round in December 2024, which included contributions from Haun Ventures, Coinbase Ventures, Scribble Ventures, DRW Venture Capital, Avenir, and Tiger Global. The capital raised has been used to expand BVNK’s operations, particularly into the U.S. market.
Rising Global Adoption of Stablecoins
Visa’s involvement reflects a broader trend in the payments industry as major financial institutions integrate digital asset capabilities into their networks. Visa’s Head of Growth Products and Partnerships, Rubail Birwadker, stated that stablecoins increasingly become integral to global payment flows, reinforcing Visa’s focus on next-generation commerce technologies.
Data from Visa Onchain Analytics shows that over $27 trillion in stablecoin volume has been processed globally across 1.25 billion transactions. BVNK has built its infrastructure to automate and scale stablecoin payments, enabling businesses to leverage digital currencies as an alternative to traditional correspondent banking systems. As of May 2025, the company reports an annualized stablecoin payment volume of $12 billion, up from $10 billion in late 2024.
Expansion into the United States
BVNK has extended its operations into the United States. The company has opened offices in New York City and San Francisco and secured money transmitter licenses in 18 U.S. states. The expansion is part of BVNK’s strategy to establish a localized banking infrastructure and enhance regulatory compliance to serve U.S.-based customers.
The U.S. team includes experienced industry professionals such as former BlockFi executive Amit Cheela and Keith Vander Leest, previously with Cross River. This move aims to support the growing demand for digital payment solutions in North America and aligns with BVNK’s objective of making stablecoin rails accessible to global enterprises.
Visa’s Broader Digital Asset Strategy
Visa’s investment in BVNK aligns with its broader digital asset strategy. In late 2024, the company launched its Visa Tokenized Asset Platform to streamline issuing and managing tokenized assets, including stablecoins and central bank digital currencies. It also partnered with Bridge, another stablecoin infrastructure firm, to allow fintechs using Bridge’s platform to issue Visa cards for stablecoin payments.
These initiatives indicate Visa’s continued efforts to integrate stablecoins into its network and product offerings. With strategic investments in infrastructure providers like BVNK, Visa is positioning itself to support the next phase of digital payment innovation.
