TransFi Surpasses $1B in Volume, Expands to 70+ Countries

TransFi, a global payments infrastructure and orchestration company focused on emerging markets, today announced that it has surpassed $1 billion in processed volume on its platform, marking a significant milestone in the company’s growth. The company also said it is set to achieve $5 billion processed transaction volume in the next 12 months, based on the current pipeline and expected business conversions, reflecting growing demand from businesses seeking faster, more reliable, and more accessible cross-border payment infrastructure. TransFi...

VelaFi Raises $20M Series B to Expand Global Stablecoin Infrastructure

VelaFi, a stablecoin-powered financial infrastructure platform under Galactic Holdings, today announced the completion of its $20 million Series B financing, led by XVC and Ikuyo, with participation from Alibaba Investment, Planetree, existing shareholder BAI Capital, and other global investors. This round brings VelaFi’s total funding to over $40 million. Founded in 2020, VelaFi has deep roots in Latin America and a proven track record in real-world payment infrastructure, serving enterprises across complex and underserved markets. The...

KryptoGO Secures Taiwan VASP Pre-License for Stablecoin Use

Taiwan’s Financial Supervisory Commission (FSC) has approved the first group of Virtual Asset Service Providers (VASPs) under its new registration system, which functions as a pre-approval license ahead of a full licensing regime. Out of dozens of applicants, only nine companies passed the review; the remaining operators who failed to obtain registration permits were required to suspend their businesses. KryptoGO, a Taiwan-based Web3 financial infrastructure provider backed by the National Development Fund, was among the first...

Optty names Steven Ritchie as Acting CEO during leadership transition

Optty™, leading global payments technology company headquartered in Singapore is excited to announce its plans to build out its executive leadership team as it continues to deliver on its significant global partnerships. Given its significant near term pipeline growth and new launches, Optty’s Board of Directors and Founder have determined that as Optty enters this hyper-scaling phase, the time is right to transition from a founder-led business to a professional management team structure. Following in the well-trodden...

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