# VelaFi

> VelaFi is a stablecoin-powered financial infrastructure platform that helps enterprises move money across borders quickly and at lower cost. Built out of TruBit Business, the B2B unit of Galactic Holdings, VelaFi connects local banking rails, cross-border networks and major stablecoin protocols to offer on/off-ramps, pay-ins and pay-outs, multi-currency accounts, FX and treasury tools - delivered directly or through developer-first APIs. With roots in Latin America and operations across the U.S., Hong Kong and Singapore, the company says it has served hundreds of institutional clients and processed billions of dollars in payment volume. In January 2026 it raised a $20M Series B led by XVC and Ikuyo.

- **Founded:** 2020
- **Headquarters:** Dallas, United States (with Mexico City)
- **Founders:** Maggie Wu (CEO and Co-Founder)
- **Team size:** ~46 employees (LinkedIn/Apollo estimate)
- **Products:** On/Off-Ramps, LATAM Pay In / Pay Out, Global Payments, Stablecoin Payments, Global Treasury Management
- **Notable:** Raised $20M Series B in January 2026 (total funding $40M+)., Rebranded from TruBit Business to VelaFi in July 2025., Reports 500+ institutional clients and billions in processed payment volume.

## Products & services

- **On/Off-Ramps** — Convert between fiat and stablecoins across supported markets, connecting local banking rails to digital-asset settlement.
- **LATAM Pay In / Pay Out** — Collect and disburse local-currency payments across Latin America (MXN, BRL, COP, PEN and more).
- **Global Payments** — Cross-border pay-ins and pay-outs reaching 200+ countries and regions with fast settlement.
- **Stablecoin Payments** — Move value using major stablecoins with sub-2-second settlement and lower cost than traditional wires.
- **Global Treasury Management** — Multi-currency accounts, FX workflows, liquidity and secure asset management for global operations.
- **Developer-First API Platform** — RESTful APIs, API key management, whitelisted IPs, JSON bodies and real-time webhooks to embed payments infrastructure.

## Achievements

- Raised $20M Series B in January 2026 (total funding $40M+).
- Rebranded from TruBit Business to VelaFi in July 2025.
- Reports 500+ institutional clients and billions in processed payment volume.
- Integrated with the Circle Payments Network for real-time settlement.
- Expanded operations to the U.S., Hong Kong and Singapore beyond its LATAM base.
- Co-organizer of a Stablecoin Settlement Association in Japan for trade finance.
- SOC 2 Type II and ISO 27001 certified with 99.9% uptime.

## Latest updates

- **2026-01** — Closed a $20M Series B led by XVC and Ikuyo, with Alibaba Investment, Planetree and BAI Capital participating; funds earmarked for licensing, banking connectivity and expansion in the U.S. and Asia.
- **2026-01** — Announced entry into Japan as co-organizer of a Stablecoin Settlement Association to modernize trade finance.
- **2025-07** — Launched as VelaFi, rebranding from TruBit Business, the B2B unit of Galactic Holdings.

## Links

- Website: https://velafi.com
- LinkedIn: https://www.linkedin.com/company/velafi-hq
- Twitter/X: https://x.com/Velafi_global

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Profile page: https://yespress.io/velafi
Published by YesPress — https://yespress.io
Last updated: 2026-07-17