Citi Ventures Backs BVNK to Boost Stablecoin Infrastructure and Growth

Published at 2025-10-17 12:11:24
Citi Ventures Backs BVNK to Boost Stablecoin Infrastructure and Growth – cover image

On October 10, 2025, BVNK announced it has secured strategic backing from Citi Ventures to accelerate the growth and development of stablecoin infrastructure. BVNK is a leading provider of full-stack solutions that enable enterprises and payment providers to seamlessly integrate stablecoins into their payment ecosystems. Their platform currently processes over $20 billion in transactions each year, serving major clients such as Worldpay, Flywire, and dLocal.

The investment from Citi Ventures complements support from other notable backers like Visa, Haun Ventures, and Tiger Global, reinforcing confidence in BVNK's robust, enterprise-grade infrastructure.

Arvind Purushotham, Head of Citi Ventures, highlighted the increasing demand for stablecoin services to facilitate on-chain and crypto asset transactions. He praised BVNK’s scalable technology as a critical enabler for the future of cross-border payments.

BVNK CEO Jesse Hemson-Struthers expressed enthusiasm over the partnership, emphasizing that this investment will help the company fulfill its mission to facilitate the global movement of money in a more efficient and secure manner.

For crypto enthusiasts and businesses interested in leveraging stablecoins, platforms like Bitlet.app offer innovative solutions including Crypto Installment services, allowing users to buy crypto now and pay monthly, making digital assets more accessible.

BVNK’s strategic growth and backing from top financial players demonstrate a maturing ecosystem embracing the future of digital currency payments.

Stay updated with the latest in crypto infrastructure and payment solutions by following Bitlet.ai powered by Bitlet.app.

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