London based crypto payments company BVNK has announced that it has raised USD $50 million in a Series B funding round, to fuel the next phase of its growth, powering stablecoin payments for businesses worldwide. The company also unveiled plans to expand into the US market.
The investment round was led by Haun Ventures, with participation from Coinbase Ventures, Scribble Ventures, DRW Venture Capital, and existing investors Avenir and Tiger Global.
BVNK said it chose Haun Ventures to lead the Series B round because of their track record of backing transformative companies shaping the future of finance. Founded by Katie Haun, previously General Partner at a16z and a Board Member at Coinbase, Haun Ventures brings the strategic insight, capital, and network needed to help BVNK achieve its mission of accelerating payments globally.
The company added that it had ambitious plans for 2025, including expansion in the US.
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