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Vella

by Vella Finance · Since 2021
No reviews yet
Active2+ countries
Quick facts
VendorVella Finance
Year launched2021
StatusActive
Location27 Raji Oba street, Alimosho, Lagos, Nigeria
Countries served2+
Languages1
Integrations
Free tier
Free trial
Contact sales

About Vella

Vella is a multi-currency banking software from Vella Finance that provides a convenient banking use. It offers features such as getting a bank account in USD, GBP, CAD, and EUR, receiving payments from family, employers, and contractors abroad, and sending and receiving money across 40+ countries and 15+ currencies. This allows users to manage their finances more easily across different currencies. Additionally, Vella includes a virtual dollar Mastercard for online shopping and bill payments that can be completed in seconds. Key capabilities: multi-currency accounts international payments virtual Mastercard bill payment support cross-border transactions Best for: individuals and businesses that need fast and flexible banking solutions for international transactions.

Vella is a digital banking and fintech platform designed to simplify cross‑border payments, multi‑currency accounts and financial management for freelancers, small businesses and international workers, it allows users to open accounts in multiple currencies, access virtual cards for global online purchases, make and receive payments across borders quickly, and manage daily transactions all from a single platform, one of its strengths lies in providing a unified solution that reduces reliance on traditional banks, which can be slow, costly or inflexible for international transfers, this is particularly valuable for African entrepreneurs and remote workers who need reliable and fast payment options in dollars, euros, pounds and other major currencies, beyond basic banking functions, Vella also supports invoicing, bill payments and tools for managing business finances, giving users insight into cash flow and transaction history without juggling multiple platforms, the company initially experimented with cryptocurrency to facilitate borderless remittances, though it has since shifted focus to regulated SME banking and compliance friendly solutions that better suit mainstream financial needs, overall Vella offers a modern approach to banking and payments with a strong

Pros & Cons

What users like
  • +Tailored to support SMEs with accessible business banking capabilities.
  • +Helps informal or underserved businesses formalise finances.
  • +Payment and collection features simplify business finances.
  • +Previously enabled cross‑border money movement to support international commerce.
  • +Integrates financial services for growth and revenue tracking.
What users flag
  • Original crypto‑based services were discontinued, so those features are no longer available.
  • As the platform transitions into SME banking under a different provider, some features may be rebranded or merged.
  • Businesses seeking advanced global remittances or crypto tools may find fewer options now.

Features

Key features

Business Financial Platform
A fintech service built to help small and medium enterprises (SMEs) in Africa manage payments and financial operations.
Cross‑Border Payments and Remittances
Enables borderless transfers and payments for businesses and individuals using both traditional and digital channels.
Payment Collection Tools
Provides infrastructure for businesses to collect payments locally and internationally, including payment links and invoice support.
Business Banking Features
Offers instant business bank account setup, supporting financial inclusion for informal and underserved SMEs.
Transitioned from Crypto to Traditional SME Banking
Initially focused on cryptocurrency and borderless payment offerings, now fully SME‑focused.

Additional features

Business Bank Account Setup
Helps SMEs open business bank accounts quickly.
Payment Infrastructure
Enables local payment collection through online tools.
Invoice and Payment Links
Lets businesses generate invoices and share payment links.
Cross‑Border Financial Tools
Previously included remittance and global payment features.
Shift to Business Banking Services
Focused on SME financial operations and support as core offerings.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

2
Countries served
1
Interface languages
2
Billing currencies

Available in

AfricaUSA

Interface languages

English

Billing currencies

🇺🇸USD🇳🇬NGN

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