British Virgin Islands · Information technology & services startup

Velo Labs

Velo Labs is a blockchain-based financial technology company founded in 2018, headquartered in Road Town, British Virgin Islands.

Funding reportedLast round: Undisclosed round

Information technology & servicesRoad Town, British Virgin Islands

About Velo Labs

Velo Labs is a blockchain-based financial technology company founded in 2018, headquartered in Road Town, British Virgin Islands.

The company operates a decentralized payments network that facilitates digital credit issuance and borderless asset transfers for businesses. Velo Labs is supported by notable investors, including the Stellar Network and Thailand’s CP Group. The company has developed a Federated Credit Exchange Network powered by the Velo Protocol, which connects banks, businesses, and emerging markets. Its ecosystem includes several components such as the Velo Protocol for issuing collateral-backed digital credits, the USDV stablecoin for retail transactions, and various products like Quantum, a remittance network, and Universe, a decentralized exchange. Velo Labs primarily serves businesses, financial institutions, and individuals seeking decentralized financial solutions, with a focus on enhancing financial inclusivity and enabling faster, cheaper transactions globally.

What company datasets say Velo Labs raised

Funding, as reported

Reported in all10Min the source's currency
Rounds1
Last roundUndisclosed round
Last round size10M
Last round dateJun 2023
Investors listed2

Founders and team

From Velo Labs's own website: 1 founder, 1 on the team.

Jed McCalebCo-founder, Stellar Development Foundation
  • Korapat ArunanondchaiChief Operating Officer

The company, in detail

What they build

Known for

information technology & servicesit services & it consulting

Built with from their website

AtlassianGoogle WorkspaceCloudFlareAtlassian CloudGoogle MeetCloudFlare CDNCloudflare DNSGoDaddy DomainsAmazon AWSMailchimp Mandrill

+4 more

Microsoft 365GoDaddy HostingGoogle Search ConsoleGmail

Sector
Information technology & services
Industry code
NAICS 522320, 513210
Region
Tortola
Part of
EvryNet
Full record
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Information technology & services in British Virgin Islands

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