Velmie partners with NovaFacies

Uddevalla, Sweden, March 24, 2025

Velmie is proud to partner with The NovaFacies Foundation to build, grow, and maintain the NovaFacies Open-Source Framework.

At Velmie, we’ve spent years building a robust, enterprise-grade Core Banking Platform. Our framework powers financial services across the globe—from digital banks in Europe to mobile wallets in Africa. It’s stable, modular, and trusted by institutions that demand reliability and performance.

But as any technology provider knows: no single company can build everything. Not even us. The scope of modern financial services—compliance, orchestration, integrations, reporting, monitoring, automation—is vast. Maintaining and expanding across all these layers with depth and quality simply isn’t feasible in isolation. That is why we, like everybody else that offers complex products and services, have so many great partners.

Now we are adding another partner—one we believe will help redefine how financial technology is developed and operated. For Velmie, this is more than just a logical next step; it’s a necessary one—for us, and for the industry.

The NovaFacies Open-Source Framework (NFF) offers something the industry urgently needs: an open, extensible, community-driven framework that complements core systems like ours.

We believe strongly in this vision so we’re dedicating real resources to support NovaFacies. We are committing:

• Business Analysts with real-world knowledge of how financial systems work, how they operate, and how they integrate with other systems.
• Backend Developers to help implement and extend modules within the NovaFacies Framework.
• DevOps Engineers to ensure infrastructure and deployment environments are scalable, reliable, and secure.

Velmie’s deep and broad experience will help the NFF project grow rapidly and responsibly. Our team brings proven expertise in building compliant, secure, and scalable platforms, and we’re proud to contribute that to NovaFacies.

There are six main reasons we have taken the step to partner with NovaFacies:

The NFF Model

We believe the way NFF is structured—modular, API-first, and implementation-agnostic—is a fundamental shift in the financial technology landscape, especially with the rise of modern tools. Every module is clearly described. Every component can be implemented in a way that suits your architecture. This isn’t just good design—it’s a foundational approach that enables NovaFacies to grow rapidly and become a de facto industry standard. It also allows us to adopt NFF alongside the Velmie platform with speed and precision.

Our Clients are growing

Our clients have long needed this kind of open-source framework to complement the Velmie platform they rely on. NFF allows us to better serve our clients by extending our system with features and capabilities that go beyond core banking.

Collaboration

We are already collaborating with other Financial Technology Vendors across the globe, but we always need more partners. This step enables us to connect with more companies like us and bring even greater value to our clients.

Financial Service Providers

Our clients have a never-ending demand to onboard more Financial Service Providers. With NFF, we see that this can be done in a fast, secure, and compliant way that will deliver great value to Velmie and our clients.

Emerging Markets

We are especially passionate about what this means for emerging markets. In our experience working on financial inclusion projects in developing countries, we’ve seen firsthand the special challenges these types of projects have. We believe that a framework like NFF can bring great value to these markets.

Academia

Velmie has long believed that academic institutions and research communities are underrepresented in the evolution of financial technology. We’re excited to see NovaFacies actively engage with the academic world, building a bridge between real-world systems and academic innovation. We believe this collaboration will lead to deeper research, faster knowledge transfer, and a new generation of talent aligned with the needs of modern financial ecosystems. We fully support this initiative and look forward to working with academic contributors in the NovaFacies network.

Velmie is proud to be the first official partner of NovaFacies—and we invite others to join us in building the future of financial technology.

About Velmie

Velmie is a global financial technology company delivering white-label core banking platforms and digital wallet solutions. Since its inception, Velmie has supported FinTech startups, digital banks, and established financial institutions in launching scalable, secure, and future-ready financial products. Our modular architecture, powerful APIs, and enterprise-grade infrastructure allow our clients to innovate quickly and grow without friction. With deployments in over 20 countries, Velmie’s platforms are trusted by organizations seeking flexibility, speed, and reliability.

About NovaFacies

NovaFacies is an open-source financial technology framework designed to accelerate the creation of modern financial services. Built on a foundation of modularity, transparency, and collaboration, NovaFacies empowers developers, FinTech operators, and institutions to launch compliant, scalable financial applications faster than ever. The framework includes pluggable modules for KYC, KYB, transaction monitoring, reporting, and more—offered with clear documentation and API-first design. NovaFacies is maintained by The NovaFacies Foundation, a community-led initiative supported by industry experts, financial institutions, and academic partners around the world.