How Reddo Credit & Velmie Launched a Neobank for Seamless Payments and Remittances
Reddo Credit set out to unlock new revenue streams and provide its users with a modern digital banking experience. With Velmie’s technology, Reddo built a scalable neobank tailored to the needs of immigrant workers, enabling fast, affordable, and secure financial transactions.
Seamless Cross-Border Transfers
Affordable and instant remittances between the EU and Latin America.
Scalable & API-Driven
Flexible architecture for expansion and service enhancements.
Multi-Functional Digital Banking
Accounts, card issuing, and day-to-day payments in one platform.
Compliance & Security
Over Rp 250 billion raised and 1,750+ jobs created.
Mastercard Send Integration
Lightning-fast transactions with enhanced security.
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See how Reddo Credit is transforming digital banking with Velmie’s cutting-edge technology.
"Thanks to the final product developed by Velmie, we now operate powerful software for our new line of business. Basically, we are opening a new functionality that will cross-sell in an excellent way with our current product."
Alejandro González,
Head of Product & Founding Partner, Reddo
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