Velafi Global completed a $20M Series B funding round, backed by leading investors XVC and Ikuyo, with additional participation from major players including Alibaba Group, BAI Capital, and Planetree. The Latin America-focused fintech platform specializes in financial infrastructure solutions—handling currency conversion, payment processing, and settlement operations for regional businesses. This round signals growing investor confidence in cross-border financial solutions tailored for emerging markets in the region.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
6 Likes
Reward
6
6
Repost
Share
Comment
0/400
LowCapGemHunter
· 6h ago
Velafi's latest funding round even attracted Alibaba. Latin American financial infrastructure is really taking off.
View OriginalReply0
AltcoinTherapist
· 01-13 18:55
The Latin American payment track is really unavoidable; even Alibaba has entered the market.
View OriginalReply0
AirdropHunter007
· 01-13 18:55
Velafi's recent funding round lineup is indeed impressive, with Alibaba and these top institutions jointly investing in Latin America... But speaking of which, why is the cross-border payments sector so competitive?
View OriginalReply0
CountdownToBroke
· 01-13 18:37
There is indeed potential in Latin America's financial infrastructure, Alibaba has even entered the market.
View OriginalReply0
DegenRecoveryGroup
· 01-13 18:35
Another big move in Latin American cross-border payments, Alibaba has also entered, truly different
View OriginalReply0
NotGonnaMakeIt
· 01-13 18:34
NGL Velafi's latest funding round has a pretty strong lineup, with Alibaba and XVC both participating. It seems that cross-border payments really have potential in Latin America.
Velafi Global completed a $20M Series B funding round, backed by leading investors XVC and Ikuyo, with additional participation from major players including Alibaba Group, BAI Capital, and Planetree. The Latin America-focused fintech platform specializes in financial infrastructure solutions—handling currency conversion, payment processing, and settlement operations for regional businesses. This round signals growing investor confidence in cross-border financial solutions tailored for emerging markets in the region.