Digital Banking Platform For UAE
Digital banking solution for the Middle East currently operating in UAE and Saudi Arabia. Built with the modern technology it comes with a mobile wallet, payroll automation, small business invoicing and more.
Location: UAE
Velmie platform in the core

The Story
The Middle East region is fast becoming an exciting new frontier for the FinTech industry, with growth benefiting from a confluence of contributing factors, including favorable demographics, economic potential, digital appetite and mobile penetration. While having a great potential for new FinTech products, the market lacks software vendors who deliver digital banking solutions adapted for the local audience. Integrations to the local banks and service providers, Arabic user interface, localized features and offerings are among the important criteria of building this product together with Velmie.
The Solution
Flexxa’s mission is to make digital finance accessible for individuals and small business owners. It provides a digital finance toolkit that includes mobile wallet, payroll automation and online invoicing. Mobile wallet makes it possible to make instant online transfers, QR payments, track spendings, convert currencies and a lot more.
With the invoicing module clients are able to generate professional online invoices and get paid online with the payment links using a multitude of channels. Flexxa Invoicing makes Business invoicing simple and streamlined.
The Features
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Digital onboarding and identity verification.
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Access controls with biometrics data
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End-to-end encryption.
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Instant p2p transfers and payments.
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Currency swap.
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Bill payments.
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Live chat.
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Payroll automation.
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Loyalty and rewards.
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Individual and family accounts.
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Physical and digital debit cards.
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Savings accounts.
The Outcome
The client was able to successfully acquire a local license for the financial services and pass the software security audit by the regulator. It is now successfully serving clients in UAE and Saudi Arabia with plans to expand globally.