Digital banking software for future-proof products

Velmie is a tech company providing a range of tools and solutions for FinTech businesses. With the digital banking platform, our mission is to deliver competitive advantage with cutting-edge technology solutions crafted for each individual business. With the network of partners, Velmie can deliver end-to-end solutions for banking, payments and crypto products.

Certifications/Compliance

CMMI Level 2
CMMI Level 3
ISO 27001
ISO 9001:2015
United StatesUnited States
501 Silverside Road Suite 105, DE 19809
650-353-7636
$50 - $99/hr
50 - 249
2007

Service Focus

Focus of Mobile App Development
  • iOS - iPhone - 50%
  • Android - 50%
Focus of Software Development
  • Java - 20%
  • PHP - 20%
  • Javascript - 20%
  • AngularJS - 20%
  • C# - 20%
Focus of Blockchain Development
  • Smart Contract Development - 50%
  • Ethereum - 50%

Industry Focus

  • Financial & Payments - 100%

Client Focus

20% Small Business
65% Midmarket Business
15% Enterprise

Detailed Reviews of Velmie

Tim Fargo
Tim Fargo, President at Hammerfest Corp
Posted on Jun 26, 2023

Bad times with Velmie

We began a relationship with Velmie, previously known as iKantam, a few years ago. Initially they were pretty responsive and attentive.

However, over the past several months they became increasingly difficult to engage, in spite of having a paid support agreement with them.

We even tried to get a minimal amount of help to move to a new vendor. No response to emails and messages.

We have moved on, and are trying to calculate how many clients were lost due to inadequate support.

If you're considering them, you should also know this address is not their office. The actual staff are based in Minsk, Belarus.

Definitely not recommended.

What was the project name that you have worked with Velmie?

Social Jukebox

What service was provided as part of the project?

Software Development

Describe your project in brief

We began a relationship with Velmie, previously known as iKantam, a few years ago. Initially they were pretty responsive and attentive.

However, over the past several months they became increasingly difficult to engage, in spite of having a paid support agreement with them. The impact of this was compounded by having deadlines for two social media platforms within 30 days.

Initially, we were promised an additional resource, even adding them to AWS to access the system. A few days later, less three weeks from the deadline, they withdrew the offer.

Then we tried to get a minimal amount of help to move to a new vendor. No response to emails and messages.

We have moved on, and are trying to calculate how many clients were lost due to inadequate support.

If you're considering them, you should also know this address is not their office. The actual staff are based in Minsk, Belarus.

Definitely not recommended.

What is it about the company that you appreciate the most?

The beginning of the project when I was apparently still a valued client.

What was it about the company that you didn't like which they should do better?

The complete abandonment us at a very critical time for our business. If they didn't want to support us or respond to us in a timely manner, have the decency to say it in time for your client to make other arrangements.

Rating Breakdown

  • Quality
  • Schedule & Timing
  • Communication
  • Overall Rating

Project Detail

  • $50001 to $200000
  • In Progress
  • Business Services

Client Portfolio of Velmie

Project Industry

  • Banking - 50%
  • Financial & Payments - 50%

Major Industry Focus

Banking

Project Cost

  • $50001 to $100000 - 50%
  • Not Disclosed - 50%

Common Project Cost

$50001 to $100000

Project Timeline

  • 1 to 25 Weeks - 100%

Project Timeline

1 to 25 Weeks

Portfolios: 2

Pan-African Mobile Banking Solution
Online Banking Platform Built with Microservices Architecture