BVNK
Stablecoin payments for enterprise
- 201-500 employees
- Fintech
- B2B
- Cryptocurrency
- Payments
- SoMa, San Francisco, CA
Jump to section
Company mission
To accelerate global money movement using stablecoins.
362% employee growth in 12 months
Our take
Stablecoins are increasingly moving from the cyrpto world into mainstream payments, as businesses look for money movement that is faster, cheaper and available around the clock. BVNK is betting that stablecoins will become a core piece of global payments infrastructure, sitting alongside cards and bank transfers rather than replacing them.
The company provides the infrastructure that lets businesses move, manage and convert stablecoins and traditional currencies through one platform. The idea is to take away the blockchain complexity: businesses can use stablecoins without needing to become blockchain experts. BVNK's platform spans more than 130 countries, with over 40 licenses and registrations, and is designed for business operating at scale.
BVNK infrastructure now supports more than $39B in annualised payment volume, and its recent partnership with Marqeta brings stablecoin-backed card capabilities to Marqeta's customers. Longer term, the ambition is bigger than crypto payments, BVNK wants stablecoins to become an invisible part of everyday financial infrastructure.
Kirsty
Company Specialist at Welcome to the Jungle
Funding (2 rounds)
Dec 2024
$50m
SERIES B
May 2022
$40m
SERIES A
Total funding: $90m
This company has top investors
Leadership
Jesse Hemson-Struthers
(Co-Founder & CEO)Previously a founding partner of VC firm Niveus Ventures, before moving on to co-found Coindirect, and then Balfour Group. Alongside work with BVNK, they are also a chair at MasterStart.
Donald J.
(Co-Founder & CTO)Donaly previously co-founded Cue where they served as the CTO for 6 years and founded Verity.co.
Chris Harmse
(Co-Founder & CBO)Chris has 10 years of cross-asset experience on the sales and trading desks of global investment banks.