The Case: Building a Mobile Banking App for Female Entrepreneurs

Building a banking app tailored for small business owners to help them grow and thrive.

Mobile Banking App for Female Entrepreneurs

Encouraging Female Financial Inclusion

Bringing more women into the financial system historically leads to financially stronger families, communities, and business sectors — which together catalyze and sustain a stronger overall economy. With modern technology solutions, it’s possible to give women products that make financial services easier, safer and simpler.

At Velmie, we are passionate about contributing to the financial inclusion of the many unbanked or underbanked individuals globally. Our technology and professional services offer banks and fintechs the ability to provide services to a far wider group of potential clients.

The Idea

The client was looking for a provider to handle the custom development of the banking application and applicable integrations. While the plans are to launch the solution in many regions across the world, scalability over time is one of the most critical aspects.

The Solution

It is now a powerful financial services platform that is set to bring financial freedom and flexibility to many unbanked women in Singapore and extend worldwide. The solution is powered by Rapyd which deals with branded cards issuing and acquiring worldwide.

Rapyd is also available as a native extension to Velmie Banking Platform, making it possible to launch an operable banking product within days.

Mobile Banking App

  • Cash-out via transfers to other systems and bank accounts, cash withdrawal.
  • KYC module for better security.

Branded Debit Cards

Payroll and Salary Advance

  • Salary management by employer and employee.
  • Salary advance capability: salary drawdowns before payday.

Savings Accounts

  • Savings goals.

Instant Loans

  • Choose unique terms: amount, interest, time and repayment amounts.
  • Set automated repayments from linked salaries.

Read the Full Story: Mobile Banking Solution for Female Entrepreneurs

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