Financial infrastructure platform Velocity completes $10 million pre-seed round led by ActivantCapital

The company is building an enterprise-grade payments and money management infrastructure that enables real-time cross-border settlement of fiat and digital assets by integrating virtual IBAN, digital wallet and custodial services. The company currently has 11 employees in London, New York and Warsaw and plans to expand to 30 by the end of the year, with a focus on engineering and regulatory operations teams.