Why BVNK is joining Mastercard

Today marks the most ambitious phase of our journey yet: BVNK has entered into an agreement to be acquired by Mastercard, to scale stablecoin infrastructure across currencies, payment rails and geographies.

This partnership will enable us to accelerate our mission in ways that we never could have alone. I want to explain why this matters – for our team, our customers, and the industry more broadly. 

From payments to full stack financial infrastructure

When we founded BVNK, we set out to solve a fundamental challenge: making global value transfer instant and borderless through stablecoins. What began as a vision has evolved into critical infrastructure powering transactions for industry leaders like Worldpay, Deel, Rapyd, and Flywire.

These enterprises chose BVNK because they recognized what we saw years ago: that stablecoins would transform how value moves across the global economy. Yet despite our growth, we've only scratched the surface of what's possible.

Why Mastercard and why now

From our earliest conversations with the Mastercard team, we discovered profound alignment in how we see the future of money. Their capabilities perfectly complement what we've built.

Mastercard brings:

• One of the world's most trusted global payments network moving value across 200+ countries and territories in 150 currencies
• Established relationships with banks, payment processors, fintechs, acquirers, and issuers
• Settlement rail infrastructure and comprehensive regulatory coverage
• Brand credibility that financial institutions and businesses depend on
  ‍

BVNK brings:

• Proven infrastructure processing $30bn annually for some of the world’s biggest brands 
• Deep stablecoin expertise, technical IP and regulatory licensing 
• Established customer base of leading fintechs, PSPs and enterprises 
  ‍

Together, we'll create a foundation that makes entirely new business models possible. 

BVNK will power stablecoin capabilities across Mastercard’s payment endpoints; enabling 24/7 stablecoin settlement for processors and acquirers; and adding stablecoin checkout to Mastercard’s payment gateway. While Mastercard provides BVNK with global fiat infrastructure (push-to-card, account, wallet). We believe these synergies can unlock billions in incremental revenue.

What this means for our customers

First and foremost: Your service continues uninterrupted, with the same BVNK team supporting you. Your existing platform access, integrations, and relationships remain unchanged. 

We have signed an agreement, but the transaction is still subject to regulatory approvals before it can officially close. We expect that process to conclude late 2026. Until then, nothing changes, and we continue executing against our current plans.

Even post close, we'll continue to operate with the independence we need to execute on our roadmap with focus and speed.

Our customers will gain access to new capabilities, including broader global reach, advanced settlement capabilities powered by Mastercard, and fiat payout rails across cards, accounts and wallets, with more to come.

What this means for our team

Our talent was central to this deal. Mastercard is acquiring BVNK because our team is the best in the world at building stablecoin infrastructure. They want us to stay fast, autonomous, and focused. Our team now has the opportunity to architect stablecoin infrastructure at Mastercard scale, setting the industry standard for how the world accesses this offering. 

Why this matters for the industry and moving users on-chain

This partnership matters far beyond BVNK and Mastercard. It signals a fundamental shift: stablecoins are no longer an experiment, they're becoming the base layer for how the world moves money.

For decades, financial infrastructure has been fragmented. Cross-border payments take days. Settlement is expensive. Financial inclusion remains out of reach for billions. Stablecoins powered by trusted operators solve these problems at scale.

This partnership creates a virtuous cycle: more trust attracts more users. More users attract more businesses. More businesses attract more developers. More developers build more products. And suddenly, moving money on stablecoin rails becomes as normal as moving money on traditional rails - accessible to everyone.

Our mission at BVNK has always been to accelerate global money movement with stablecoins and help make them a truly mainstream payment method. There is no better partner for that ambition than Mastercard.

We're profoundly grateful for your trust and partnership on this journey. Thank you to our team for building something exceptional. Thank you to our customers for trusting us. Thank you to our investors for believing in stablecoins as the future.

Together we’ve built something remarkable, and we can’t wait to execute at scale.