70
61
Growth Score
-15 pts
Heat Score
-17 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Events
Raised Funding Round
Jan 1, 1970
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91593
Velera provides financial technology and processing solutions for credit unions.
- Charles Fagan: CEOPast Role: Velera, President and CEO
- Michael Hanson: Vice President, IT Support OperationsPast Role: UnitedHealth Group, IT Senior Leader
About the Company
Velera provides financial technology and processing solutions for credit unions. The company offers a broad suite of services, including credit and debit card processing, digital banking, fraud and risk management, shared branching, ATM and POS networks, digital lending, and data analytics. It operates within a collaborative framework, integrating
technologies and support systems designed to serve credit unions and their members. Velera also delivers services such as ACH and wire transfers, card management, contact center solutions, and instant payments. The company works to support operational infrastructure for financial institutions, aiming to align with the credit union model of cooperative service delivery.
