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This platform has been strategically engineered to seamlessly integrate with the existing IT infrastructure of banks and fintechs, empowering them to expand their range of products and bolster their revenue streams.
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 $5.2tn every year.
In this landscape, where 60% of small businesses are still struggling to pay business-related expenses, Velmie's business banking platform emerges as 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’s business banking software emerges as the catalyst for transformation. This platform is a one-stop-shop, sophisticated, efficient, and customisable solution built for modern businesses.
The key feature benefits include:
From facilitating corporate payroll, automatisation 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 customised 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, chief executive officer of Velmie.
With Velmie digital banking solutions, banks and fintech providers can revolutionise 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 customised to meet business customers’ needs and foster loyalty.