According to the World Bank report, 65 million firms, or 40% of formal micro, small and medium enterprises (MSMEs) in developing countries, have an unmet financing need of $5.2 trillion every year. In this landscape, where 60% of small businesses are still struggling to pay business-related expenses, to launch a Business Banking Platform is a strategic solution to empower banks and fintechs.
Moreover, the fact that 87% of business owners use the same financial services provider for their business and personal accounts presents an exceptional opportunity for banks and fintechs that offer personal financial services to expand their solutions to business customers and, simultaneously, boost their revenue for the years ahead.
In a landscape where businesses demand more than just financial transactions, Velmie digital banking software emerges as the catalyst for transformation.
We proudly announce the launch of Velmie Business Banking Core Platform, an advanced solution crafted to address the challenges of financial services providers and fintechs. The Platform is strategically designed to extend the IT infrastructure of banks and fintechs, enabling them to broaden their product offerings and increase their revenues. This Platform is a one-stop-shop, sophisticated, efficient, and customizable solution built for modern businesses.
Among the key features:
Modular Approach: microservices architecture ensures greater flexibility, allowing for customization and configuration of modules independently for each customer, catering to specific business needs.
Integrations of Financial Services via Partner Ecosystem: augment business banking services with payments, cards, accounts, lending, FX, digital assets, KYC/AML, and more. Built-in integrations expand the product offering seamlessly.
White-Label Solution: All essential components, from back office to apps with superior UX and performance, are integrated into one place, providing an exceptional digital customer experience.
End-to-End Delivery: Velmie handles the integration and support, sparing customers from needing additional expertise and resources.
Scalability: Built to adapt and scale on the go, the flexible architecture allows for tailored solutions, aligning with specific goals and business customer needs.
Security: Compliant with industry regulations, Velmie Business Banking Platform prioritizes security and ensures the protection of sensitive financial data.
From facilitating corporate payroll, automatization of payments, and invoice factoring to venturing into crypto payments and business deposits, with Velmie Business Banking Platform you can cater to a broad spectrum of business clients needs.
Velmie invites fintech businesses to embark on a transformative journey in financial services with its Business Banking Platform.
“The introduction of the Business Banking Platform is a significant milestone for the industry. Committed to addressing the financial challenges businesses face, our platform offers a seamless and customized solution. It empowers fintechs and banks to extend their reach with a comprehensive business banking solution, tailored for businesses of all sizes globally. This launch underscores our dedication to simplifying financial experiences and transforming the landscape of modern banking.” - commented Slava Ivashkin, CEO of Velmie.
With our digital banking solutions, banks and fintech providers can revolutionize their offerings to businesses, delivering an exceptional business user experience.
Velmie empowers them to design top-notch customer journeys with ready-to-go apps that can be customized to meet business customers’ needs and foster loyalty.
