Visa Ventures Backs Stablecoin Infrastructure Firm BVNK in Strategic Investment

Stablecoin payments infrastructure provider BVNK has secured a strategic investment from Visa through the card network's Visa Ventures division, the companies announced today.

BVNK is a London-based fintech that provides stablecoin payment infrastructure to businesses, automating and orchestrating digital currency transactions at scale. The company processes $12 billion in annualised stablecoin payment volumes and operates across multiple markets including a recent expansion into the United States.

The investment comes amid growing institutional adoption of stablecoins for payments, with global volumes reaching $27 trillion across 1.25 billion transactions, according to Visa Onchain Analytics data for 2025. Stablecoins are digital currencies pegged to traditional assets like the US dollar, designed to maintain stable values whilst offering the speed and efficiency of blockchain-based transactions.

Rubail Birwadker, Head of Growth Products and Partnerships, Visa

"Stablecoins are fast becoming a part of global payment flows, and Visa invests in new technologies and builders like BVNK, staying at the forefront of what's next in commerce to better serve our clients and partners," said Rubail Birwadker, Head of Growth Products and Partnerships at Visa.

The partnership represents Visa's continued exploration of blockchain-based payment technologies as traditional card networks seek to maintain relevance in an evolving digital payments landscape. Visa has previously invested in and partnered with various cryptocurrency and blockchain companies through its ventures arm.

For BVNK, the Visa investment follows a $50 million Series B funding round completed in December 2024, led by Haun Ventures with participation from Coinbase Ventures, Scribble Ventures, DRW Venture Capital, Avenir, and Tiger Global.

Jesse Hemson Struthers, CEO and Co-Founder, BVNK

"Visa's 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," said Jesse Hemson Struthers, CEO and Co-Founder of BVNK.

BVNK has expanded its US operations this year, opening offices in San Francisco and New York City. The company's US team includes former BlockFi executive Amit Cheela and former Cross River executive Keith Vander Leest.

The company was founded by Hemson Struthers alongside Donald Jackson and Chris Harmse, positioning itself as infrastructure for businesses seeking alternatives to traditional correspondent banking systems for international payments.

Neither company disclosed the size of Visa's investment or the valuation at which it was made.