Velocity Solutions Overview

  • Year Founded
  • 1995

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 116

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 4

  • Investments
  • 4

Velocity Solutions General Information

Description

Developer of technology-enabled revenue-driving systems designed for financial institutions. The company provides a suite of tech-enabled systems that customize overdraft limits on a daily basis for each account holder based upon a consumer's ability to repay, leverage data to drive increased activity through targeted marketing campaigns and strategically deploy rewards programs, enabling clients to provide small, short-term loans to consumers as an alternative to high-cost storefront payday lenders.

Contact Information

Website
www.myvelocity.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Private Equity-Backed
Corporate Office
  • PO Box 460939
  • Fort Lauderdale, FL 33346
  • United States
+1 (954)
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Parent Company
Computer Services
Vertical(s)
SaaS, FinTech
Corporate Office
  • PO Box 460939
  • Fort Lauderdale, FL 33346
  • United States
+1 (954)

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Velocity Solutions Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Velocity Solutions Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of technology-enabled revenue-driving systems designed for financial institutions. The company provides a suit
Financial Software
Fort Lauderdale, FL
116 As of 2024

New London, NH
 

El Segundo, CA
 
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Velocity Solutions Competitors (6)

One of Velocity Solutions’s 6 competitors is Intelligent Banking Solutions, a Private Equity-Backed company based in New London, NH.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Intelligent Banking Solutions Private Equity-Backed New London, NH
Saviynt Private Equity-Backed El Segundo, CA
Revenue Management Solutions Private Equity-Backed Oklahoma City, OK
Compulink Management Center Corporation Long Beach, CA
DocStar Private Equity-Backed Austin, TX
To view Velocity Solutions’s complete competitors history, request access »

Velocity Solutions Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Velocity Solutions Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Velocity Solutions Investments & Acquisitions (4)

Velocity Solutions’s most recent deal was a Buyout/LBO with Courtesycloud Management Solutions. The deal was made on 21-Aug-2018.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Courtesycloud Management Solutions 21-Aug-2018 Buyout/LBO Financial Software
Akouba 21-Jun-2018 Buyout/LBO Financial Software
IMPACT Financial Services 04-Sep-2014 Merger/Acquisition Automation/Workflow Software
Sheshunoff Consulting & Solutions (Banking Software) 31-May-2012 Merger/Acquisition IT Consulting and Outsourcing
To view Velocity Solutions’s complete investments and acquisitions history, request access »

Velocity Solutions Subsidiaries (1)

Company Name Industry Location Founded
Akouba Financial Software Chicago, IL
To view Velocity Solutions’s complete subsidiaries history, request access »

Velocity Solutions FAQs

  • When was Velocity Solutions founded?

    Velocity Solutions was founded in 1995.

  • Where is Velocity Solutions headquartered?

    Velocity Solutions is headquartered in Fort Lauderdale, FL.

  • What is the size of Velocity Solutions?

    Velocity Solutions has 116 total employees.

  • What industry is Velocity Solutions in?

    Velocity Solutions’s primary industry is Financial Software.

  • Is Velocity Solutions a private or public company?

    Velocity Solutions is a Private company.

  • What is Velocity Solutions’s current revenue?

    The current revenue for Velocity Solutions is .

  • Who are Velocity Solutions’s investors?

    Falcon Investments and H.I.G. Capital have invested in Velocity Solutions.

  • Who are Velocity Solutions’s competitors?

    Intelligent Banking Solutions, Saviynt, Revenue Management Solutions, Compulink Management Center, and DocStar are some of the 6 competitors of Velocity Solutions.

  • When was Velocity Solutions acquired?

    Velocity Solutions was acquired on 18-Sep-2024.

  • Who acquired Velocity Solutions?

    Velocity Solutions was acquired by Computer Services.

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