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VelaFi offers digital finance products, including a crypto wallet, exchange and Mexican peso-pegged stablecoin.
VelaFi provides digital banking and cryptocurrency products for individuals in Latin America, including TruBit Wallet, TruBit Pro and the Mexican peso-pegged stablecoin MMXN. Founded in 2019 by CEO Maggie Wu, the company is based in Plano, US. It raised USD 20 million in Series B funding in January 2026, co-led by XVC and Ikuyo Co., Ltd., with participation from Alibaba Group, Planetree and BAI Capital.
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