BVNK has received a strategic investment from Citi Ventures, adding to its $90+ million in funding to accelerate its multi-rail payments infrastructure.
BVNK has doubled transaction volumes in the past year and is competing with Circle, Ripple, and Stellar networks to bridge fiat and digital assets with enterprise-grade stablecoin settlement solutions.
Stablecoins are rapidly becoming core financial infrastructure, with supply surpassing $180 billion and on-chain settlement volumes reaching trillions as businesses seek faster, cheaper cross-border payments.
Multi-rail payments infrastructure platform BVNK announced this week that it has scored a strategic investment from Citi Ventures. The amount of the funds is undisclosed, and adds to the $90+ million in funding BVNK has raised from investors such as Visa, Haun Ventures, Tiger Global, and others.
“Stablecoins are seeing increased interest in use for settlement of on-chain and crypto asset transactions,” said Citi Ventures Head Arvind Purushotham. “We were impressed by BVNK’s enterprise-grade infrastructure, and their proven track record.”
BVNK was founded in 2021 and currently processes over $20 billion each year on behalf of enterprises and payment service providers. The UK-based company leverages stablecoins to enable businesses to move value instantly across borders and networks. Through its partnerships with global licensing bodies and Tier 1 banks, BVNK serves clients such as Worldpay, Deel, and dLocal.
“This investment reinforces our mission to accelerate the global movement of money,” said BVNK Co-Founder and CEO Jesse Hemson-Struthers. “Our platform enables companies to harness stablecoins to move money quickly across borders and launch innovative financial products with enterprise-ready security and compliance.”
Citi Ventures’ strategic investment comes as stablecoins are working their way to becoming a key piece of financial infrastructure. The total supply of stablecoins has exceeded $180 billion in 2025, with on-chain settlement volumes now reaching trillions of dollars each year as businesses make the swap to faster, cheaper alternatives to traditional banking.
This surge has helped to fuel BVNK, which has doubled its transaction volumes in the past year and has expanded its partnerships across the globe. The fintech’s biggest rivals, which include Circle, Ripple, and Stellar-powered payment networks, are all seeking to build top-tier infrastructure that bridges the gap between fiat and digital assets. Citi’s financial and strategic support will help BVNK differentiate itself in the race to build the enterprise-grade, multi-rail payments platform needed to make stablecoin settlement a mainstream tool for global commerce.
Photo by Brett Sayles
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