-
UEFA's Ceferin tells Infantino to go, but 'not interested' in replacing him
-
Hyundai union back in wage talks after rare full-day strike
-
Oil falls as Trump pledges economic war on Iran
-
Shein grapples with EU backlash, but clients keep coming
-
Yamashita marches to nine-shot win in LPGA Canadian Women's Open
-
Key facts about Chinese-founded fast-fashion giant Shein
-
Gauff powers past Pegula to win US Open warm-up in Cincinnati
-
Shein to make market debut in Hong Kong in September
-
Japan's Olympic figure skating heroes to wed
-
Fils tops Tiafoe to claim first ATP Masters title in Cincinnati
-
Cummins eyes ODI return ahead of 'big' South Africa Test series
-
Gauff powers past Pegula to win Cincinnati WTA 1000 crown
-
India police used excessive force during protests: Amnesty
-
Ukraine backers gather as war escalates, air defence runs low
-
Rookie La Sasso wins LIV season-ender as tour's future in doubt
-
Syria says Israel talks addressed de-escalation, staying out of Israel-Turkey tensions
-
Fils tops Tiafoe to claim first ATP Masters title in Cincinnati bb/amz
-
Tourism boom pushes limits of Athens air traffic control
-
Clark fends off McIlroy to win BMW Championship
-
Liga holders Barcelona crush Elche, Atletico salvage Villarreal draw
-
Raphinha, Lopez hit braces as Barcelona trounce Elche
-
Spain's World Cup hero Torres saves PSG's blushes at Rennes
-
Macron hosts Saudi crown prince for visit ranging from esports to Mideast
-
Swiss forward Embolo joins Atlanta United
-
Jamieson gets Trump call after ending 14-year golf title drought
-
Former cricket captains appeal to Pakistan over Khan health care
-
Norwegian King Harald's health has 'deteriorated': palace
-
Latest 'Spider-Man' tops American box office for 4th weekend
-
Man City snatch late win in Maresca debut, Iraola's Liverpool rescue dramatic draw
-
Szoboszlai's last-gasp leveller rescues Liverpool in Newcastle draw
-
Trump takes starring role at Washington's IndyCar debut
-
Landfill collapse kills 30 in Guinea
-
Villa boss Emery says it's down to Watkins to explain absence
-
'Unbelievable' Cherki proves his point to Man City boss Maresca
-
Duplantis labours to 'super difficult' pole vault win at Silesia Diamond League
-
10-man Atletico snatch Villarreal draw as Alvarez returns
-
Max smash at zany Zandvoort: Three stories from the Dutch GP
-
Seville, Jefferson-Wooden roar to 100m wins at Silesia Diamond League
-
Brennan sprints to Vuelta stage two victory, Pogacar keeps red
-
VW chief warns carmaker's situation 'more than critical'
-
Duplantis conquers pole vault at Silesia Diamond League
-
England cricketer Carse under investigation after 'nightclub incident'
-
France's badminton gold winners set for obscurity back home
-
McLaren's Norris wins Dutch GP after Verstappen crash
-
Brighton start Premier League season with rout of 10-man Villa
-
Giroud scores as Lille give Davide Ancelotti winning start
-
Maresca makes winning start with Man City after dramatic fightback
-
Kejelcha smashes half-marathon world record in Buenos Aires
-
Mo'unga returns for All Blacks against Johannesburg Lions
-
Trump admin predicts US trade war 'devastating' for Canada
VelaFi Launches as the Next Evolution of TruBit Business, Powering Financial Infrastructure
- Backed by over two years of development and 500+ global institutional clients, VelaFi enters the market with mature infrastructure and proven scale.
- With operations across LATAM, the U.S., Asia, and expanding into EMEA, VelaFi delivers modern infrastructure for businesses navigating complex financial environments.
MEXICO CITY, MEXICO AND DALLAS, TX / ACCESS Newswire / July 1, 2025 / After over two years of development and operations, Galactic Holdings, the parent company of TruBit Business, officially announces the launch of VelaFi: the natural evolution of its enterprise-focused vertical. This new identity reflects a more focused, institutional, and global vision, built on a foundation of solid technology and hands-on experience.
With over 500 institutional global clients and a validated infrastructure, VelaFi positions itself as a mature platform built to operate across complex and fragmented financial environments. The company currently has active operations in Latin America, the United States, Hong Kong, and Singapore, and continues to expand partnerships across the Middle East, Europe, and Africa.
VelaFi's launch comes at a pivotal moment for the transformation of the global financial system. Stablecoins have now surpassed $250 billion in circulation worldwide, signaling increasing and sustained market adoption. As regulatory frameworks around digital payments continue to evolve businesses operating across jurisdictions require modern, reliable infrastructure aligned with new compliance expectations.
"We've spent years building the infrastructure that businesses in emerging markets actually need," said Maggie Wu, CEO and Co-Founder of VelaFi. "This isn't about entering the market-we've been here, solving real problems for real companies. What you're seeing now is the natural evolution of that work: proven technology, established relationships, and a clear vision for how cross-border financial infrastructure should work in today's economy."
VelaFi was born from a deep understanding of the challenges that companies face in emerging markets. From its early days as TruBit Business, the company identified a critical need: financial infrastructure capable of navigating fragmented regulatory environments, inconsistent banking relationships, and cross-border operational demands, without sacrificing speed or compliance.
That vision has been shaped through direct experience with clients in sectors like import/export, logistics, SaaS, fintech, and global services. Through these partnerships, the platform has evolved into a model that not only processes transactions but also delivers operational tools, regional intelligence, and a regulatory-first architecture ready to scale.
The name VelaFi, inspired by the Spanish word vela (sail), reflects the company's philosophy: direction, structure, and the ability to move forward, even in turbulent waters. Today, the platform offers scalable payment solutions, integrable APIs, and real-time tools for treasury management, reconciliation, and compliance, all built with regulatory readiness at its core.
This foundation has proven its ability to scale sustainably, not just through geographic reach, but by adapting to diverse environments, integrating with local systems, and providing structure where the market often delivers uncertainty. VelaFi doesn't aim to impose a one-size-fits-all model, it builds from the logic of each market, using strong infrastructure principles as the basis for global growth.
"Our clients don't need another payment processor," Wu added. "They need infrastructure that understands the complexity of their operations and provides clarity where the market only offers fragmentation. That's what we've built-and that's what we're scaling."
In a world where companies increasingly operate across multiple currencies, jurisdictions, and regulatory frameworks, VelaFi addresses a structural challenge: enabling sustainable growth through modern, intelligent infrastructure. With a clear institutional focus and a proven platform, the company is entering a new phase of expansion-launching new products and deepening its international presence to support businesses operating across the world's most complex markets.
About VelaFi
VelaFi is a financial infrastructure platform designed for companies operating in emerging markets and fragmented financial environments. Evolved from TruBit Business - the B2B unit of Galactic Holdings - it provides cross-border payment solutions, regulatory compliance tools, and operational scalability for institutions.
The platform currently operates across Latin America, the United States, and Asia, with expansion underway into the Middle East, Europe, and Africa. Its mission is clear: to build the infrastructure layer that real companies need to grow without friction in a transforming financial system.
Press contact: [email protected]
For more information, visit www.velafi.com
SOURCE: Galactic Holdings
View the original press release on ACCESS Newswire
N.Walker--AT