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.
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AltcoinTherapist
· 10h ago
The Latin American payment track is really unavoidable; even Alibaba has entered the market.
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AirdropHunter007
· 10h ago
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?
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CountdownToBroke
· 10h ago
There is indeed potential in Latin America's financial infrastructure, Alibaba has even entered the market.
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DegenRecoveryGroup
· 10h ago
Another big move in Latin American cross-border payments, Alibaba has also entered, truly different
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NotGonnaMakeIt
· 10h ago
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.