Citi’s investment arm, Citi Ventures, has recently made a strategic investment in BVNK, a company providing infrastructure for stablecoin transactions. BVNK, headquartered in the UK, has seen substantial growth in the past year. Their annualized payment processing volume has risen sharply, doubling from $10 billion in December of 2024 to a current rate of $20 billion. Data from May 2025, which showed a volume of $12 billion, suggests an accelerated growth trend during the summer months.

BVNK offers infrastructure and digital wallet solutions that empower businesses to utilize stablecoins for international payments and various financial applications. Their platform caters to payment processors and large organizations, including names like Worldpay, Flywire, and dLocal.

“We’re seeing increased interest in stablecoins for settling on-chain transactions and other digital asset activities,” stated Arvind Purushotham, who heads up Citi Ventures. “BVNK’s robust, enterprise-level infrastructure and their demonstrated performance really impressed us.”

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