Tom Greenwood, co-founder of Volt.io, has launched a new fintech startup, Velocity, which has raised £7.4 million ($10 million) in pre-seed to build infrastructure that bridges fiat and stablecoin-based financial operations for enterprises. Velocity’s platform aims to simplify global business transactions by offering a unified account for both traditional and digital assets, reducing the friction in cross-border payments, FX management, and treasury operations. The funding was led by Activant Capital and included several notable VCs, signaling confidence in Velocity’s vision to integrate stablecoins for practical, enterprise-scale financial solutions rather than speculative crypto use.
Volt Founder’s New Fintech Emerges rrom Stealth with £7.4M Raise