Launch of digital banking with Velmie's Crypto Module

Velmie announced a release of a composable digital banking software platform with a crypto module to launch up-to-day digital banking. Digital banking providers are embracing the potential of digital currencies to offer innovative and secure financial solutions. However, building a robust and reliable crypto infrastructure from scratch can be a daunting and time-consuming task.

The crypto module is a brand-new feature of the Vlemie white-label solution. Cryptocurrencies have become an integral part of digital banks' offerings. Velmie's crypto module is designed to enhance financial services and accelerate their growth in the dynamic landscape.

Now Velmie provides a full set of features to manage digital assets:

- Exchange and Brokerage. The solution, connected to the enterprise-grade matching engine and top liquidity providers, allows adding cryptocurrency brokerage or exchange services to banking products.
- Custody. There are multiple custody options to ensure asset safety and regulatory compliance. The module provides digital banking with a secure storage infrastructure, flexible access controls, custodial wallet services and integration capabilities.
- Crypto transactions. Velmie's crypto model empowers fintech businesses to facilitate seamless crypto transactions including crypto on-ramp and off-ramp, peer-to-peer transfers. Users can easily convert their fiat currency into cryptocurrencies, send, receive and store cryptocurrencies within the platform, and make remittances, micropayments, and cross-border transactions. The module supports TOP 50 cryptocurrencies and tokens, providing clients with flexibility and choice.
- Crypto wallets. Velmie's solution offers a range of possibilities in terms of crypto wallet functionality. With features such as secure storage, multi-currency support, seamless integration with exchanges, and enhanced security measures, businesses can provide their users with a robust and user-friendly crypto wallet solution, including custodial and non-custodial cryptocurrency wallet services.
- Security and compliance. Security and compliance are critical considerations when dealing with cryptocurrencies. Velmie's Crypto Module prioritizes the highest standards of security, employing advanced encryption techniques and secure storage mechanisms to protect digital assets and sensitive user information. Additionally, the module adheres to industry regulations and compliance frameworks, providing businesses with a secure and legally compliant environment for cryptocurrency-related operations.
- User Experience. The module is designed with a strong focus on user experience, ensuring that customers can easily navigate and interact with cryptocurrency-related features. The module offers intuitive interfaces, robust security measures, and real-time market insights, enhancing the user experience and building trust among customers engaging with cryptocurrencies through the digital banking platform.

"Cryptocurrencies have opened up exciting opportunities for revenue generation in the finance industry. With Velmie's updated solution, fintech businesses can unlock new revenue streams by leveraging cryptocurrencies to offer innovative financial services. From facilitating peer-to-peer transactions to enabling crypto wallet services, the new crypto module empowers businesses to tap into the vast potential of cryptocurrencies and diversify their revenue sources." - Slava Ivashkin, Founder and CEO at Velmie.

Velmie's Crypto Module equips digital banks with the necessary tools and functionalities to seamlessly integrate cryptocurrencies into their platforms, unlocking new revenue streams, enhancing user experience, ensuring security and compliance, and driving innovation.

Velmie
Lithuania
Saltiniu g. 5-101
Vilnius, LT-03214
hello@velmie.com

Velmie is a tech company providing software solutions to financial services companies globally. There is a cloud-native platform built with a modular architecture to support modifications and integrations for each individual client. This approach also brings greater scalability and makes the solutions future-proof.
Unlike many of our competitors, we not only provide the back-end technology but also deliver customized front-end apps, handle integrations with clients' systems or partners, and build customizations where necessary.
Our mission is not only to build cutting-edge software but also to bring true modularity. That's why we build and grow an ecosystem of trusted partners who provide essential solutions such as payments processing, card issuing, identity verification, and so on. Such services available as extensions allow configuring products for different markets and audiences. And we not just bring tools to you, but handle end-to-end delivery with our in-house team.

This release was published on openPR.