Company ranked No. 17 on elite list of worldwide financial technology providers

Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider – is pleased to announce it was listed as a 2024 IDC FinTech Rankings Top 25 solution provider. The elite list features the technology companies from around the globe that are focused on providing solutions to the financial services and fintech industries.

“It is an absolute honor to be included in the top ranks of financial technology companies worldwide that are dedicated to serving the financial services industry,” said Chuck Fagan, president and CEO of Velera. “At Velera, we are committed to providing the technology, solutions and services that credit unions need to grow and succeed in today’s evolving digital economy. This recognition is a tangible indication that we are continuing to advance toward our ultimate goal of driving momentum for credit union missions across the country.”

The Fortune 500-style ranking categorizes and evaluates the top global providers of financial technology based on calendar-year revenues from financial institutions for hardware, software and/or services. These providers supply the technological backbone of the financial services industry, embracing and integrating innovative technology effectively to enhance the customer experience and achieve operational excellence. Velera and the other organizations featured on the IDC FinTech Rankings Top 25 represent those organizations committed to helping financial services companies successfully execute their digital transformation initiatives for the betterment of their customers around the world.

“At IDC, we continue to recognize the importance technology providers have in helping the global financial services industry meet their clients’ needs,” said Marc DeCastro, research director at IDC. “The technology companies on this list provide the innovation necessary to keep financial services at the forefront of providing modern digital experiences across all aspects of a customer’s financial journey.”

To view the full 2024 IDC FinTech Rankings Top 100 list and a comprehensive report about the year's findings, visit idc.com/research/industry/fintech-rankings.