BVNK

Our mission is to accelerate the global movement of money. This isn’t just about speeding up transactions. It’s about economic progress. It’s about freeing up working capital and helping businesses to succeed. We’re doing that by working with the best of blockchain on one side, and multiple layers of banking redundancy on the other. Here are some of our team to tell you more 👇 Visit bvnk.com to learn more.

🇪🇺 The Travel Rule comes into force for crypto payments in the EU this month. A long-standing feature in traditional payments, it's application to crypto is an important step toward global alignment of AML rules. ✅ We’ve updated the BVNK platform to ensure full compliance with new regulation, making it easy for our customers to add and manage contacts for all their stablecoin or crypto payments 🪪 Learn more on the BVNK blog: https://lnkd.in/ekW-344t

We've raised $50 million in Series B funding to fuel the next era of stablecoin payments. The round was led by Haun Ventures, with Coinbase Ventures, Scribble Ventures, DRW VC, Avenir and Tiger Global Management. We’re still focused on accelerating global money movement and empowering businesses to grow. The funding enables us to bring internet-speed payments to more businesses in the US, from our new base in San Francisco 🇺🇸 Read more from our founder and CEO Jesse Hemson-Struthers on the BVNK blog (link in the comments).

Payouts are one of our fastest growing stablecoin use cases – and they’re at the heart of our partnership with Circle 🤝, explained  Chris Harmse in this #CurrencyLIVE session.

We made these upgrades to our own infrastructure, as as we scaled BVNK to processing $8bn+ in annualized volume. Now they’re built into Layer1. → Fully flexible, scalable accounting model that enables reconciliation, maximizes liquidity and avoids needless fees. → Automated gas/fee management and liquidity pooling for ALL networks to excel on payout SLAs. → Smart on-chain transaction monitoring to optimize working capital I’ve written more about these, and why I’m convinced that Layer1 is the best self-custody #stablecoin infrastructure for payment use cases – and payment operators  – in my latest blog 👇 (In Part 2, I’ll cover how we built lean liquidity orchestration, and automated white-label payment flows to embed into your end user experience).

It's a common misconception that you can transact anonymously on blockchains. Nearly all blockchain transactions leave behind a digital trail that points to the identity of the sender and receiver. Customer due diligence and transaction monitoring are not only possible with crypto payments, but often more effective. Read more from Heather Chalk on the BVNK blog: https://lnkd.in/duCbddHg

“Regulated fiat-backed stablecoins in the EU are akin to e-money in your PayPal wallet”, said Circle’s Patrick Hansen in our #CurrencyLIVE session last week. Catch up on the full episode here: https://lnkd.in/em3VfwqR

Crypto asset regulation is taking shape globally. But what do these regimes have in common? While they differ in specifics, most focus on core principles of customer protection, market stability and market integrity. Regulators are looking to achieve these outcomes in different ways. Read more from Tom Boydell on the BVNK blog: https://lnkd.in/eFA-v_ka

Introducing #CurrencyLIVE 🎙️– our new livestream interview series hosted by Chris Harmse. Building on the success of Currency LDN  and Currency NYC, BVNK is bringing the conversation on the future of money movement to your LinkedIn feed.  Coming up on 5 December: Chris is joined by Patrick Hansen, Senior Director, EU Strategy & Policy at Circle. Learn more 👇

Don’t miss #CurrencyLIVE🎙️ today with Chris Harmse and Circle’s Patrick Hansen. With one month to go until MiCA, they’ll be asking: is Europe ready? And what are the chances of stablecoin regulation in the US in 2025? Plus, they’ll go deep on the next big use case for stablecoins like USDC: global payouts. Streaming here on Linkedin: https://lnkd.in/em3VfwqR