About Us
Velwire designs, builds and operates payment infrastructures, applications and services that are focused on facilitating real-time electronic payments for emerging economies.
Our clients and partners include large-cap tech companies, financial institutions, public sector agencies and intergovernmental organizations.
Our Purpose
Connecting Ecosystems
Our services enable everyone in the financial ecosystem; people, businesses, merchants, financial institutions and governments to process digital transactions swiftly, securely, and seamlessly in real-time.
Simplifying Transactions
Velwire diversifies the ability to transact from bank and beyond with ease and affordability; simplifying previously inconvenient and costly processes.
Accelerating Economies
Our services drive the velocity of transactions in emerging economies. Our goal is to ensure that digital payments are accessible and affordable for all, especially the underprivileged, underbanked and unbanked of the world.
Our Services
Our services prepare societies for the new global economy by facilitating frictionless digital financial transactions that are accessible and affordable for all.
Everyone from banks, businesses, merchants, financial institutions, governments and even individuals can benefit from our easy-to-use, cost-effective, rapid and secure solutions.
Interoperability Ensured
We facilitate mass digital transactions between people, businesses and government bodies, using our secure interoperability solutions that enable the transfer of money from any bank to any wallet, and vice versa.
Rapid & Real-Time Transactions
Our services enable instantaneous real-time clearing and settlement of transactions.
Reduced Transaction Costs
Our services enable our customers to cut back entirely on traditional cash management and distribution costs such as manpower, machinery and systems expenses, as well as intermediary fees.
Fewer Risks of Financial Crime
We provide functionality that aligns and optimizes fraud and risk solutions across payment types, channels, various customer types, and more, e.g. eKYC, AML, etc.
Our Team
Leadership
Zareef Hamid
Founder, CEO
Zareef Hamid is a former strategy consultant turned social entrepreneur. Zareef led large-scale digital transformations and advised Fortune 100 companies to enter and grow in the fintech space across Asia-Pacific during his tenure at BCG and KPMG.
A. F. M. Barkatullah
COO
Barkatullah is a veteran banker with over 20 years of experience. He has served as RVP at Citibank, Associate Director at Standard Chartered Bank, VP at HSBC, Deputy Managing Director at IPDC Finance and Managing Director at National Finance.
Shahzada Redwan
CTO
Shahzada has over 16 years of experience in fintech and technology industry. He has served as Director & CTO for SSL Wireless. He also serves as advisor and mentor to public and private bodies including ICT Division, e-CAB, BASIS and BOLD.
Shamima Akter Lovely
Director, HR
Shamima brings 20 years of professional HR experience in multinationals, financial institutions, and development sectors. She has served in chief roles for Avery Dennison, IDLC Finance, and Heidelberg Cement.
Advisory Panel
Zarif Munir
MD & Senior Partner, BCG
Zarif Munir is a senior partner and the managing director at the Boston Consulting Group (BCG). He has over 25 years of experience advising governments, sovereign wealth funds, financial institutions in Asia, Europe, Latin-American and the United States.
Rishu Mehrotra
Former Principal, BCG
Rishu Mehrotra was a former Principal Technical Consultant at Boston Consulting Group (BCG). He has deep experience leading technology enabled business transformations for financial institutions. He has worked at Visa, Yahoo and Amazon.
David Yates
Ex-Chairman, Vocalink
David Yates brings more than 35 years of leadership expertise in the payments industry, with deep experience in successfully building and investing in payments and technology businesses on a global scale. He most recently served as the President of Mastercard’s New Payment Platforms and was Executive Chairman of Vocalink, a Mastercard company.
Abhaya P Hota
Ex-CEO, NPCI
Abhaya has worked at the Reserve Bank of India for 27 years and was the former MD of NPCI National Payments Corporation of India (NPCI).
Security & Compliance
Security and privacy are of the utmost importance at Velwire. In order to carry out our functional promises effectively, we have fortified our capabilities by aligning ourselves with the highest standards in the industry.
ISO 27001 Certified
The ISO 27001 certification reflects on the best practices for ensuring the safeguarding of vital and confidential digital information, such as company information and data, so that we can scale our solutions with absolute confidence.
ISO 27002 Certified
The ISO 27002 certification guarantees the soundness of our information security controls and practices, as well as showcases our risk management capabilities.
PCI DSS Compliant
The PCI DSS certification reflects the level of security that our credit and debit card transactions have against data theft and fraud.