Velmie adds card module to white-label embedded finance platform

By Gloria Methri

FinTech software provider Velmie has released an updated composable white-label solution with a card module to build and launch a FinTech business in a fast and easy way. The updated Velmie product includes a range of new modules, features, and enhancements that meet all key requirements.

Velmie provides a full set of features to start and manage a comprehensive and customizable card program. Customers can mix and match pre-built modules to create a unique, customized solution.

The solution provides businesses with the ability to issue both physical and virtual cards with one or many card-issuing companies connected to Velmie.

Businesses can integrate their card program with popular mobile payment options such as Apple Pay and Google Pay, enabling their customers to easily make payments using their mobile devices.

Velmie’s solution also provides businesses with a range of card management tools. Businesses can also set spending limits and control transaction types, providing them with greater control over their card program.

The solution allows businesses to issue corporate cards to their employees, enabling them to make purchases on behalf of the company while providing the business with greater visibility and control over expenses.

Velmie’s card module includes 3D Secure, an advanced security feature that provides an additional layer of protection against fraudulent transactions. Additionally, its BIN sponsorship services allow businesses to issue their own branded cards without having to become licensed issuers.

“Velmie built white-label solutions not only to speed up time to market for new FinTech products but to make them scalable and future-proof. We are excited to release our upgraded application. We believe it will be valuable for fintech companies and banks looking to create innovative solutions that meet the changing needs of their customers,” said Slava Ivashkin, Founder and CEO of Velmie.