- VISA makes a strategic investment in stablecoin payment startup BVNK, highlighting ongoing interest in digital assets.
- The investment marks a partnership and follows BVNK closing a $50 million Series B round to expand its operations, including into the U.S.
- Visa continues its expansion in crypto payments, including recent collaborations with Coinbase and the launch of the Visa Tokenized Asset Platform.
Payments company Visa has invested in BVNK, a London-based startup specializing in stablecoin payment infrastructure. The partnership was announced on May 7, 2025, aiming to advance digital asset technology for business payments.
According to the official announcement from BVNK, this investment is made through Visa Ventures and is described as “more than capital,” focusing on collaboration beyond funding. Jesse Hemson-Struthers, CEO of BVNK, stated: “I’m particularly excited about what it means to partner with Visa—the original payments innovator. Their deep expertise in building global payment networks, combined with our stablecoin infrastructure, creates powerful possibilities for redefining how businesses operate in today’s digital economy.” (source).
Stablecoins are digital assets that are designed to hold a stable value, usually pegged to a fiat currency like the U.S. dollar, which can help make digital payments faster and less volatile. Rubail Birwadker, head of products and partnerships at Visa, commented that stablecoins are rapidly becoming part of global payment flows. “Visa invests in new technologies and builders, such as BVNK, who are involved in what’s next in commerce to better serve our clients and partners.”
The investment from Visa follows BVNK’s recent $50 million Series B funding round, led by Haun Ventures, with participation from Coinbase Ventures, Scribble Ventures, DRW VC, and existing investors including Avenir and Tiger Global. At the time of that fundraising, BVNK was valued at roughly $750 million and outlined plans to expand into the United States. The company will use its U.S. offices to build out a local banking network and seek operational licenses.
Recently, Visa has increased its crypto-related activities. In October 2024, the company enabled Visa cardholders to instantly deposit and withdraw funds from Coinbase accounts using eligible debit cards, providing real-time transfers. During the same month, Visa introduced its Visa Tokenized Asset Platform, a system for simplifying tokenized asset management, which includes stablecoins and central bank digital currencies.
This partnership and investment reinforce Visa’s ongoing interest in digital asset infrastructure and payment innovation.
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