About Velocity Solutions
Velocity Solutions is a Financial Services company based in Fort Lauderdale (United States) founded in 1995, and was acquired by CSI in September 2024. Banking technology solutions are provided for acquisition, engagement, and liquidity. It operates on a SaaS (Software-as-a-Service) and Professional Services model. Velocity Solutions has completed 1 acquisition, including AkoubaCredit. Its chief executive, as recorded, is Christopher Leonard. Velocity Solutions offers products and services including Velocity Intelligent Platform, Retail Performance Engine, and Consumer Liquidity Engine. Its focus areas include Technology, Financial Technology and Banking Solutions. Its legal entity is Velocity Solutions, Inc.
Company details
Velocity Solutions is engaged in delivering advanced banking technology solutions to banks and credit unions. The company is focused on driving revenue, enhancing account holder engagement, and increasing non-interest income through its proprietary Velocity Intelligent Platform. Key offerings include the Retail Performance Engine and the Consumer Liquidity Engine, which are tailored to improve retail performance and provide consumer-friendly liquidity options. The company also offers training, events, and resources to support financial institutions in optimizing their operations within the financial technology sector.
- Headquarters Fort Lauderdale, United States
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website myvelocity.com
- Social LinkedIn X Facebook YouTube
- Acquired by H.I.G. Growth Partners (Dec 2017)
- Legal Name Velocity Solutions, Inc
- InvestorsCSI
& 2 more
- Investments & Acquisitions
- Acquired by
Products & Services of Velocity Solutions
Velocity Solutions offers a comprehensive portfolio of products and services, including Velocity Intelligent Platform, Retail Performance Engine, and Consumer Liquidity Engine.
Platform drives revenue and engagement for financial institutions.
Engine boosts retail performance for banks and unions.
Engine provides consumer-friendly liquidity options to clients.
Apps and channels of Velocity Solutions
its YouTube channel Velocity Solutions has 35 subscribers and 30 videos.
Videos from Velocity Solutions
The most watched videos on Velocity Solutions's YouTube channel, Velocity Solutions (35 subscribers). Click a video to play it here.
More on Velocity Solutions.
Investors in Velocity Solutions
Velocity Solutions has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include CSI, H.I.G. Growth Partners and H.I.G. Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are made in the United States. | higgrowth.com | Miami, United States | ||
Private equity capital is invested in small and mid-sized businesses. | higcapital.com | Miami, United States | ||
Banking technology and financial crime solutions are provided for institutions. | 1987 | csiweb.com | Paducah, United States |
Investor details for Velocity Solutions
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- Complete investor list
- Round participation
- Investor portfolios
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People of Velocity Solutions
26 people are tracked at Velocity Solutions (7 in leadership, 19 in team).
| Name | Role | Group |
|---|---|---|
Christopher Leonard | CEO & President | Leadership |
Rick Caston | Director Of Sales | Leadership |
Steve Swanston | Executive Vice President Of Sales | Leadership |
Morgan Mehler | Director Of Strategic Accounts | Leadership |
Justin Carlson | Chief Legal Officer & General Counsel | Leadership |
Cindy Draper | Director Of Account Acquisition & Training | Leadership |
Amy Koresko | Director Of Implementations, My Rewards Premium Cards | Leadership |
Bob Sterner | National Account Executive | Team |
Jarrett Roeder | Trainer | Team |
Jeff Gotsch | National Account Manager | Team |
Jen Cannon | Senior Trainer | Team |
Andy Smith | Strategic Account Manager | Team |
Michael Gargagliano | Regional Account Manager | Team |
Alex Schuettler | Regional Account Manager | Team |
Stacey Andersson | Regional Account Manager | Team |
David Manley | Regional Account Manager | Team |
Saudia Sital | Sales Operations Manager | Team |
Annette Krosschell | Senior Trainer | Team |
Arnaldo Escuza | Fp&a Manager | Team |
Amanda Beller | Senior Trainer | Team |
6 more people are available in the full profile.
Complete people profiles for Velocity Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Velocity Solutions
Velocity Solutions has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include AkoubaCredit.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
An online platform for originating small business loans is offered. | akoubacredit.com | Chicago, United States | 2014 | Jun 2018 | •••• |
Complete acquisition details for Velocity Solutions
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Velocity Solutions
4 dated milestones of Velocity Solutions across 29 years, from founding to its latest funding, stage changes and deals.
- Founded Velocity Solutions is founded.
- Exit Acquired by H.I.G. Growth Partners.
- Acquisition Acquires AkoubaCredit.
- Exit Acquired by CSI.
Web traffic of Velocity Solutions
The website of Velocity Solutions (myvelocity.com) receives about 6.5K visits a month.
- Monthly visits6.5K
▲ 64.8% vs previous month
Websites whose visitors overlap most with Velocity Solutions. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
velocitycu.com | velocitycu.com | 100% | #183,303 | – | |
| velocitytrade.com | 99% | 15.7K | #1,600,326 | View details | |
| velocityautomotive.com | 48% | 214K | #160,864 | View details | |
| velsof.com | 45% | 7.9K | #2,941,064 | View details |
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Velocity Solutions (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Frequently Asked Questions about Velocity Solutions
Velocity Solutions was founded in 1995.
Velocity Solutions is headquartered in Fort Lauderdale, United States. It is registered at Fort Lauderdale, Florida, United States.
Christopher Leonard is the CEO of Velocity Solutions, as recorded in our data.
Velocity Solutions is engaged in delivering advanced banking technology solutions to banks and credit unions. The company is focused on driving revenue, enhancing account holder engagement, and increasing non-interest income through its proprietary Velocity Intelligent Platform. Key offerings include the Retail Performance Engine and the Consumer Liquidity Engine, which are tailored to improve retail performance and provide consumer-friendly liquidity options. The company also offers training, events, and resources to support financial institutions in optimizing their operations within the financial technology sector.
Velocity Solutions offers Velocity Intelligent Platform, Retail Performance Engine, and Consumer Liquidity Engine.
Velocity Solutions has made 1 acquisition, including AkoubaCredit.
Velocity Solutions has 3 investors. Key investors include CSI, H.I.G. Growth Partners, and H.I.G. Capital.
Velocity Solutions operates through Velocity Solutions, Inc.
Yes. Velocity Solutions was acquired by H.I.G. Growth Partners in December 2017.