Velmie, a European banking technology provider, released mobile applications for banks and fintechs, setting a new standard for out-of-the-box white-label UI. Considering the great importance of user interface and experience for fintechs, Velmie designed stunning iOS and Android applications available as a part of its digital banking core.  

While the majority of clients who start new fintech products set Revolut, Cashapp, Chime and other unicorns as UI/UX benchmarks, they often can’t get it out of the box from their software vendors. Furthermore, currently available low-code solutions don’t provide the sufficient quality of interactions and experience needed to become successful in the fintech space. This situation greatly affects project timelines and roadmaps as the product teams have to spend lots of time trying to build their MVP apps from scratch. 

A study by Forrester Consulting found that 86% of customers are more likely to use a financial service if it has a good user interface. The study also found that 70% of customers are willing to pay more for a financial service with a good UI and UX. 

These findings suggest that UI quality is an important factor for customers when choosing a financial product. A good UI can make a significant contribution to customer satisfaction, loyalty, and revenue.

“With our applications, we aim to show that white-label UI can not only handle the very basic needs but be one of the most valuable parts of digital banking systems. By delivering stunning and future-proof UI and UX Velmie sets a new industry standard for banking software solutions” - Paul Shumsky, CMO

It used to take fintechs years of application development to provide exceptional experiences to their clients that include smooth onboarding, instant transactions, clean and intuitive UI. Now, all of that is available at Velmie with customization and branding tools. Companies can go live in just weeks without compromising front-end quality and keep pivoting using the available data analytics solutions. 

Built with modular technology, the applications provide an opportunity to compose unique products using the available modules such as

• Physical and virtual cards

• Cryptocurrency wallets, payments and portfolio management

• QR payments

• Invoicing

• Fx

• Referral system

• Biometric auth

and many more. 

The solution is now fully available in the EU and UK with the worldwide release coming in the next couple of weeks.