Press release
Metro Cable Teams Up with Velmie to Launch Vult: Revolutionary Digital Wallet in Sierra Leone
May 24, 2024 - Vilnius, Lithuania - Velmie, a banking technology provider, is proud to announce its collaboration with Metro Cable - Sierra Leone's premier provider of high-speed gigabit internet access - to launch Vult. Vult is a modern digital wallet solution designed to offer users a secure and convenient way to make online transactions, deposits, withdrawals, pay bills and send and receive money in multiple currencies, all within a single platform.Metro Cable is known for delivering the West African country's first
fiber optic broadband internet service, connecting Sierra Leone to the rest of the world. The company's commitment to bridging the digital divide and fostering sustainable technological evolution aligns perfectly with Velmie's mission to provide innovative fintech solutions.
The Vult app has both a wallet and a card function.
The Vult Wallet enables users to make online transactions securely, pay bills, and shop at any visa-approved location. It incorporates end-to-end encryption to safeguard all transactions, ensuring the highest level of security for users.
Key features of Vult Wallet will include:
Multi-Currency Capability: Users can manage multiple currencies within a single wallet, allowing for seamless international transactions.
Multiple to-up options: Vult Wallet enables users to link multiple bank accounts, add money through mobile money or via any visa-issued card. Adding money has never been easier.
Enhanced Security: Built with robust security measures, Vult Wallet guarantees end-to-end encryption for all transactions, protecting users' sensitive financial data.
Alongside the wallet, Velmie and Metro Cable are introducing the Vult Card, a globally accepted payment card that can be used for online and in-store purchases. The Vult Card offers the same level of security as the wallet and allows users to manage their finances with ease. Additionally, Vult Pay, another feature of the Vult ecosystem, provides seamless integration with existing business applications for payments, efficient cash management and reporting. Businesses can also benefit from the Vult Pay Point, a point-of-sale terminal service that facilitates secure payment collections and allows for cash-in and cash-out transactions.
Commenting on the new project, Slava Ivashkin, CEO at Velmie, expressed enthusiasm about the collaboration, saying, "We are thrilled to partner with Metro Cable to launch Vult, a digital wallet solution that will revolutionize financial transactions in Sierra Leone. By combining our expertise in Fintech software with Metro Cable's commitment to connectivity, we aim to bridge the gap in financial inclusion and empower individuals and businesses across the country."
"This is a really exciting initiative - the first of its kind in Sierra Leone. We believe that Vult will have massive ripple effects in the country - bolstering economic growth and financial inclusion. We are grateful to our partner Velmie, who has provided invaluable support and expertise." - said Pierre Johnson, COO at Metro Cable.
Lithuania
Saltiniu g. 5-101
Vilnius, LT-03214
About Velmie
Velmie is a fintech software provider specializing in innovative banking, payments, and remittance solutions. With a focus on technology-driven financial inclusion, Velmie empowers businesses to deliver seamless digital banking experiences to their customers.
For more information, visit the website www.velmie.com
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