Latest news with #Velocity
Yahoo
5 days ago
- Automotive
- Yahoo
Velocity Performance Alliance Shifts Into High Gear with Luxury Auto Real Estate Platform Ahead of NASCAR Debut
From Pit Lane to Property Line—Velocity Blends Motorsport Thrills with High-End Real Estate Strategy LOS ANGELES, May 29, 2025 /PRNewswire/ -- Start your engines. The Velocity Performance Alliance (VPA)—a powerhouse collaboration between the Oasis Design & Development Corporation, Verge Technologies Inc. (Verge), and IMA Entertainment Holdings (IMA)—has officially launched, setting its sights on redefining luxury automotive living with a high-performance twist. Where Real Estate Meets Racing: VPA's flagship project, Velocity Prestigious Auto Residences, is more than high-end garages—it's a curated lifestyle for the fast lane. Think luxury auto condos, smart-living innovations, and adrenaline-fueled entertainment—designed for elite car collectors, motorsport devotees, and visionary investors. Pedal to the Metal with Racing Royalty: Adding fuel to the launch, James Bondurant—grandson of racing legend Bob Bondurant—is making his highly anticipated debut in the NASCAR ARCA Menards Series, managed by IMA. His track entry isn't just symbolic; it anchors the brand's authenticity in motorsport and turbocharges fan engagement. A New Kind of Asset Class—Built for Passionate Capital: Velocity isn't just building garages—it's creating an entirely new asset class. Every residence includes: Climate-controlled, high-security luxury auto storage Verge-AI powered resilient data tech management in both home and garage Private motorsport simulators and VIP track access Scalable real estate investments backed by private equity "This isn't some vaporware vision," said Brandon Jay @iambrandonjay a Board Member & Founder of VPA. "We're launching with elite design, integrated tech, and proven entertainment chops. Velocity is where horsepower meets property power—a vertical primed for recurring revenue, real asset appreciation, and global reach." Investor Access & What's Next: With the green flag officially dropped, VPA is opening the pit lane to investors, strategic partners, and site acquisition opportunities. Phase 1 location reveals and pre-sales begin after Sonoma, following James Bondurant's debut at @iamjamesbondurant. Ready to co-drive the future of luxury motorsport living? Contact: 📧 invest@ Follow James Bondurant on Contact:Brandon Jay***@ Photo(s): Press release distributed by PRLog View original content: SOURCE Velocity Performance Alliance
Finextra
6 days ago
- Business
- Finextra
Velocity scores $10M pre-seed funding for stablecoin payment account
Velocity announces a $10M pre-seed funding round and emerges from stealth to launch the Stablecoin Payment Account. 0 The round was led by Activant Capital, with participation from Fuel Ventures, Triton Capital, Fabric Ventures, Commerce Ventures, Digital Space Ventures and Preface Ventures. Strategic shareholders include current and former executives from Stripe, Worldpay, Visa, Circle, PayPal, and Google. Founded by payments industry veterans Tom Greenwood (Volt, IFX) and Eric Queathem (Worldpay, McKinsey & Company), Velocity delivers the financial upgrade global businesses have been waiting for. Traditional financial systems were not designed for a multi-asset economy, limiting the seamless integration of digital assets into existing infrastructure. Velocity bridges this gap by providing a platform where businesses can manage fiat and stablecoin transactions in one place, eliminating the need for parallel systems or complex integrations. Velocity's Stablecoin Payment Account provides enterprises with a frictionless way to move and manage capital across banks, blockchains, and borders. Designed for seamless integration, the platform combines the speed and programmability of stablecoins, with the rigour and reliability of traditional finance —- solving real-world challenges in cross-border settlement, liquidity management, and treasury operations. 'This isn't about replacing the old with the new; it's about intelligently integrating both,' said Tom Greenwood, co-founder and CEO. 'We're not chasing crypto hype — we're leveraging stablecoins to remove friction, accelerate settlement, and drive improved performance in real-world financial operations.' Greenwood previously founded Volt, a leading fintech specialising in real-time payments, and IFX, a prominent foreign exchange and cross-border payments company. Queathem spent nearly a decade at Worldpay, where he led global strategy and growth across both traditional and crypto markets. Together, they bring deep expertise in scaling regulated financial systems globally. 'We've experienced first-hand the financial complexity of operating a global business — the fragmentation of providers, the lack of transparency, and the workarounds,' said Eric Queathem, co-founder and President. 'Velocity is built to eliminate that friction with infrastructure that scales, adapts, and solves the real-world problems large enterprises face every day when moving and managing money around the world.' Velocity's funding comes as global momentum builds around regulated stablecoins and digital money. Across major financial markets — including the US, UK, EU, and Singapore — emerging regulatory frameworks are accelerating enterprise adoption and driving demand for infrastructure that connects today's financial system with tomorrow's digital economy. 'Tom and Eric bring the rare technical depth and regulatory fluency needed to build and scale a product like this. We've shared this vision for years, and now is the time to bring it to life,' said Andrew Steele, Partner at Activant Capital. 'Velocity isn't just solving cross-border payments, it's rethinking how enterprises manage FX, liquidity, and treasury through stablecoin infrastructure,' 'Velocity is building foundational infrastructure for the future of global finance,' said Shiv Patel, Partner at Fuel Ventures. 'We backed Tom at Volt, and we're proud to back him again. Tom and Eric bring unique experience in navigating regulation, scaling enterprise platforms, and solving the real-world operational challenges that define success.' 'We're proud to support Velocity as a technology partner,' said Ran Goldi, SVP Payments and Network at Fireblocks. 'Fireblocks' recent report on stablecoin trends showed that 90% of market participants are moving forward with stablecoin adoption at pace. As demand for digital payment infrastructure accelerates, the market needs trusted, enterprise-ready solutions. Velocity is bringing a thoughtful approach to shaping this next chapter of digital payments.'
Yahoo
7 days ago
- Business
- Yahoo
Velocity comes out of stealth with $10M to power the Velocity of Money
Founded by payment industry veterans Tom Greenwood and Eric Queathem, Velocity enables enterprises to move and manage capital seamlessly across banks, blockchains, and borders. London, May 28, 2025 (GLOBE NEWSWIRE) -- Velocity announces a $10M pre-seed funding round and emerges from stealth to launch the Stablecoin Payment Account. The round was led by Activant Capital, with participation from Fuel Ventures, Triton Capital, Fabric Ventures, Commerce Ventures, Digital Space Ventures and Preface Ventures. Strategic shareholders include current and former executives from Stripe, Worldpay, Visa, Circle, PayPal, and Google. . Founded by payments industry veterans Tom Greenwood (Volt, IFX) and Eric Queathem (Worldpay, McKinsey & Company), Velocity delivers the financial upgrade global businesses have been waiting founders Eric Queathem and Tom Greenwood. Traditional financial systems were not designed for a multi-asset economy, limiting the seamless integration of digital assets into existing infrastructure. Velocity bridges this gap by providing a platform where businesses can manage fiat and stablecoin transactions in one place, eliminating the need for parallel systems or complex integrations. Velocity's Stablecoin Payment Account provides enterprises with a frictionless way to move and manage capital across banks, blockchains, and borders. Designed for seamless integration, the platform combines the speed and programmability of stablecoins, with the rigour and reliability of traditional finance —- solving real-world challenges in cross-border settlement, liquidity management, and treasury operations. 'This isn't about replacing the old with the new; it's about intelligently integrating both,' said Tom Greenwood, co-founder and CEO. 'We're not chasing crypto hype — we're leveraging stablecoins to remove friction, accelerate settlement, and drive improved performance in real-world financial operations.' Greenwood previously founded Volt, a leading fintech specialising in real-time payments, and IFX, a prominent foreign exchange and cross-border payments company. Queathem spent nearly a decade at Worldpay, where he led global strategy and growth across both traditional and crypto markets. Together, they bring deep expertise in scaling regulated financial systems globally. 'We've experienced first-hand the financial complexity of operating a global business — the fragmentation of providers, the lack of transparency, and the workarounds,' said Eric Queathem, co-founder and President. 'Velocity is built to eliminate that friction with infrastructure that scales, adapts, and solves the real-world problems large enterprises face every day when moving and managing money around the world.'Team Velocity. Velocity's funding comes as global momentum builds around regulated stablecoins and digital money. Across major financial markets — including the US, UK, EU, and Singapore — emerging regulatory frameworks are accelerating enterprise adoption and driving demand for infrastructure that connects today's financial system with tomorrow's digital economy. 'Tom and Eric bring the rare technical depth and regulatory fluency needed to build and scale a product like this. We've shared this vision for years, and now is the time to bring it to life,' said Andrew Steele, Partner at Activant Capital. 'Velocity isn't just solving cross-border payments, it's rethinking how enterprises manage FX, liquidity, and treasury through stablecoin infrastructure,' 'Velocity is building foundational infrastructure for the future of global finance,' said Shiv Patel, Partner at Fuel Ventures. 'We backed Tom at Volt, and we're proud to back him again. Tom and Eric bring unique experience in navigating regulation, scaling enterprise platforms, and solving the real-world operational challenges that define success.' 'We're proud to support Velocity as a technology partner,' said Ran Goldi, SVP Payments and Network at Fireblocks. 'Fireblocks' recent report on stablecoin trends showed that 90% of market participants are moving forward with stablecoin adoption at pace. As demand for digital payment infrastructure accelerates, the market needs trusted, enterprise-ready solutions. Velocity is bringing a thoughtful approach to shaping this next chapter of digital payments.' Ends Media images are found here. About VelocityVelocity is a next-generation financial infrastructure platform built to unify global payments and treasury operations through stablecoin technology. Founded by seasoned operators with deep expertise in regulated financial systems, Velocity enables businesses to move and manage capital across banks, blockchains, and borders. Designed for seamless integration, the platform combines the speed and programmability of stablecoins with the rigour and reliability of traditional finance — solving real-world challenges in cross-border settlement, liquidity management, and treasury operations. About ActivantActivant is a research-led growth firm investing in high-growth technology companies across AI, automation, fintech, and enterprise software. With a global presence spanning New York, Greenwich, Berlin, and Cape Town, Activant combines deep sector research with hands-on partnership to help founders build enduring, market-leading businesses. Activant has raised five funds to date. The firm's portfolio includes companies such as Sardine, Tines, Vivenu, Celonis, Pallet, Metronome, and Deliverr. CONTACT: For further information please contact the Velocity press office on press@
The Herald Scotland
7 days ago
- Entertainment
- The Herald Scotland
Splashdown Poole named among the best UK waterparks
Splashdown Poole, which features 13 different rides to choose from, was named alongside spots like The Wave in Coventry and Alton Towers Waterpark. It was included alongside 13 others in a list from Time Out that highlighted a mix of indoor and outdoor waterparks. Introducing the article, they said: "Looking to make a splash with your next family day out? How about some wobbly water obstacle courses, chaotically fun wave machines and slides so long you're not sure where they end? "Waterparks come in all shapes and sizes in the UK, and luckily for us, most are open all year round – offering a great day trip to keep kids entertained for hours on end while you brush up your butterfly stroke." The full list of the best waterparks and swimming pools in the UK can be found on the Time Out website here. Why is Splashdown Poole among the UK's best waterparks? Splashdown Poole was included on the list thanks in part to the variety of rides people could try out. Time Out shared: "At Splashdown in Dorset, there are 13 rides to choose from, and planning your sliding schedule has never been easier with their handy, online, colour-coded guide ranking the rides. "Up at the top, you'll find your high-speed thrills from the Screamer and Velocity or the short, near-vertical drop of the Baron's Revenge. While only eight metres long, it'll have you hanging onto your trunks. "In summer, many rides divert to outside courses for alfresco water fun. The park closes during winter for general maintenance and upkeep." Alongside the slides, the centre's website shares that there is an outdoor splash pool - called Buccaneer's Beach - which is open in the summer for those under the age of eight. Splashdown Poole doesn't have a swimming pool, but has some splash zones for younger kids to enjoy (Image: Jaki A/Tripadvisor) What do visitors think of Splashdown Poole? Splashdown Poole has mostly earned positive reviews from visitors, with it having a 3.4/5 score on Tripadvisor from 929 ratings and a 4.2/5 score on Google Reviews from 2,682 ratings. One person wrote: "Recently went to the Splashdown Poole and it is a fantastic waterpark, which has a mix of indoor and outdoor attractions. "It's perfect for families, with thrill slides like The Screamer and more relaxed options like the Red River Roller." Recommended reading Another said: "Very good place for children. 3 flumes and the water is reasonably warm, not cold like most places. There is also a hot tub for adults to relax while their children go off and play. "Would highly recommend and would recommend buying in advance as it can get very busy (especially during half term)." A third posted: "First time visitors with partner and daughter, we really enjoyed it, loads of slides to go on although the outside area was closed (due to reopen in May) but still didn't disappoint, would recommend if you are in the area."
Yahoo
23-05-2025
- Business
- Yahoo
Arch Lending and Mark Moss Launch Velocity by Arch:
NEW YORK, May 23, 2025 /PRNewswire/ -- Bitcoin educator and investor Mark Moss has partnered with leading Bitcoin lender Arch Lending to launch Velocity by Arch—a new division offering elite wealth-building tools to long-term Bitcoin holders, with institutional-grade protection and zero compromise on security or custody. "Bitcoin is the first new financial asset in over 500 years," said Moss."It unlocks the same elite strategies the wealthy have used for generations—now it's time to make those tools accessible to everyone, without the risk." A Wealth Platform the Legacy System Could Never Build Velocity by Arch brings high-level financial strategies—like tax-efficient income, legacy structuring, and intelligent leverage—directly to sovereign Bitcoin holders through secure, simple, and fully insured products. These solutions were once reserved for institutions and ultra-high-net-worth investors. Velocity now delivers them in a format any long-term Bitcoiner can access—without legal complexity or financial engineering. "There are plenty of places to borrow against your Bitcoin," Moss said."But only Velocity was designed to help you build real wealth—with the same tools the 1% use—while removing the risk that's plagued this space for years." The "Never Again" Security Model Built in response to catastrophic failures across the lending space (Celsius, BlockFi, Genesis), Velocity was engineered to eliminate the trust gap once and for all. All Velocity products are backed by: Segregated custody in your name—never pooled, never rehypothecated Qualified, regulated custodians only Comprehensive insurance coverage—including protection against theft and loss, and soon against wrench attacks. Full transparency and auditable custody at all times "This is Bitcoin finance rebuilt from the ground up for safety, sovereignty, and strategy," said Dhruv Patel, Co-Founder and CEO at Arch."Our promise is simple: never again will anyone lose their Bitcoin due to platform risk." Introducing the First Product: Perpetual Income: The Bitcoin Annuity Velocity's flagship product, launching under Genesis Access, is Perpetual Income: The Bitcoin Annuity—a revolutionary offering that allows Bitcoin holders to unlock tax-free income for life, without selling Bitcoin or triggering capital gains. Perpetual Income offers long-term HODLers the ability to generate stable, secure income by tapping into the appreciation, not from complex and risky trading or rehypothecation strategies. Apply for Genesis Access Early access to Perpetual Income will be offered exclusively through Genesis Access—a VIP, invite-only launch experience for qualified Bitcoin holders. To request access: About Velocity by Arch Velocity by Arch is a division of Arch created in partnership with Bitcoin educator Mark Moss. It offers elite-level financial tools—like tax-efficient liquidity, income generation, and legacy planning—without complexity or compromise. Velocity products are fully insured, never rehypothecated, and built for long-term Bitcoin holders who want to grow wealth with strategy and control. About Arch Lending Arch is the global leader in secure, Bitcoin-backed financing. With a mission to put Security First, Arch provides seamless access to capital while preserving the integrity of customer assets. Arch serves sovereign investors with transparency, protection, and peace of mind. About Mark Moss Mark Moss is a Bitcoin educator, entrepreneur, and investor with multiple exits and over 100 million views across platforms. He hosts the first nationally syndicated Bitcoin radio show on iHeart Radio and is a leading voice for financial sovereignty and wealth building in the Bitcoin era. Media Contact:press@ View original content to download multimedia: SOURCE Arch Lending Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
