TLDR
- Visa has invested in BVNK to help scale stablecoin payment infrastructure.
- BVNK processes $12 billion annually and is expanding into the U.S. market.
- Stablecoins reached $27 trillion in global transaction volume last year.
- The partnership combines Visa’s global network with BVNK’s crypto technology.
Global payments giant Visa has made a strategic investment in British crypto startup BVNK, deepening its commitment to advancing stablecoin adoption in global commerce.
Visa Invests in BVNK
As per a Tuesday announcement by BVNK, the investment, made through Visa Ventures, was announced Tuesday by BVNK CEO and co-founder Jesse Hemson-Struthers and marks a significant milestone for the London-based firm.
BVNK 🤝 @Visa
We've secured investment from Visa Ventures to expand our stablecoin payments infrastructure globally.
This strategic partnership follows our recent $50M Series B and strengthens our mission to provide businesses with efficient, secure payment rails for the… pic.twitter.com/K5iv9sx2Tq
— BVNK (@BVNKFinance) May 6, 2025
While the exact terms of the deal remain undisclosed, the partnership is positioned as a critical step in developing infrastructure that will enable businesses to tap into the growing stablecoin economy.
“This isn’t just capital—it’s a powerful validation of our mission to rewire global payments with stablecoins,” Hemson-Struthers stated.
Founded in 2021, BVNK has quickly emerged as a key player in the digital payments sector by building infrastructure that allows businesses to process and manage stablecoin transactions at scale. Currently, the startup processes $12 billion in annualized stablecoin payments and operates from offices in London, New York, and San Francisco. It has also received licensing approvals across several U.S. states as it ramps up its North American expansion.
The Visa-BVNK deal follows BVNK’s $50 million Series B funding round in December 2024, which saw participation from heavyweight investors including Haun Ventures, Coinbase Ventures, Tiger Global, Scribble Ventures, DRW Venture Capital, and Avenir. The continued investor confidence is reflective of the surging demand for faster, more efficient cross-border payment solutions.
Visa Continues expansion into Stablecoins
Visa, long recognized for its pioneering role in global finance, is increasingly embracing blockchain technologies and digital currencies. Last month the company piloted a stablecoin-backed credit card initiative in South America in partnership with crypto firm Bridge, aiming to allow consumers in countries like Argentina and Mexico to spend stablecoins using traditional Visa infrastructure.
Meanwhile. commenting on the BVNK investment, Rubail Birwadker, Visa’s Head of Growth Products and Partnerships, emphasized the growing importance of stablecoins.
“Stablecoins are fast becoming a part of global payment flows. Visa invests in technologies and companies like BVNK to stay at the forefront of what’s next in commerce,” Birwadker said.
According to Visa’s own Onchain Analytics report, more than $27 trillion in stablecoin transactions were processed globally in the past year alone, spread across over 1.25 billion transactions. These figures highlight a major shift in global finance, with stablecoins emerging as an alternative to the traditional correspondent banking system, an area that BVNK is aiming to disrupt.
Hemson-Struthers sees the Visa partnership as a transformative opportunity.
“Combining Visa’s global network with our programmable stablecoin infrastructure opens up new possibilities for the digital economy,” he said. “It’s about redefining how businesses move money.”
That said, the latest deal reflects a broader industry trend, with Visa’s increasingly look to digital assets to improve payment systems. With stablecoins rapidly evolving from niche use to mainstream utility, BVNK’s infrastructure could play a foundational role in shaping the future of digital payments.