Velmie has reportedly introduced its business banking platform intended to assist financial services providers and Fintech platforms with enhancing their core product offerings.
As noted in the update from Velmie, the Fintech platform allows firms to address business customer requirements, such as taking care of corporate payroll, automation of digital payments, invoice factoring, crypto transfers as well as business deposits.
Velmie Chief Executive Officer Slava Ivashkin explained that their platform offers customized solutions helping both Fintechs and banks provide a comprehensive banking solution.
The Velmie Business Banking Platform includes a modular approach which enables each client to easily customize key modules independently.
As mentioned in the announcement, the platform may be further expanded by integrating financial services from Velmie’s international partner network.
With these kinds of integrations, the platform’s business banking services may be complemented by key product offerings such as online payments, payment cards, accounts, lending, foreign exchange (FX) services, crypto-assets, along with AML/KYC prcoesses.
This innovative solution is reportedly being supported by Velmie’s integration, scalability, as well as compliance with applicable industry regulations.
Ivashkin added:
“This launch underscores our dedication to simplifying financial experiences and transforming the landscape of modern banking.”
As noted by its management, Velmie is a financial technology provider “that has been in the market for more than 10 years delivering back end, mobile and web solutions to enterprise financial institutions and entrepreneurs.”
During the journey, they claim to have developed “a deep understanding of the current state of technology in finance and the biggest problems organizations face with pursuing the customers’ demand and competition.”
With this in mind, they decided to put their efforts into “building the products to help the financial companies to innovate, stay agile and customer-centric.”
