St. Petersburg, Fla. (Sept. 8, 2025) – Velera, 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 Top 25 solution provider in the 2025 IDC FinTech Rankings. The elite list features the technology companies from around the globe that are focused on providing solutions to the financial services and fintech industries. Velera ranked in the Top 25 for the second year in a row, moving up from No. 17 to No. 15 in 2025.

“It is an honor to once again be recognized among the world’s top financial technology companies,” said Chuck Fagan, president and CEO of Velera. “This recognition reflects our commitment to delivering the innovation and expertise credit unions need to grow, serve their members and remain competitive in today’s digital-first economy.”

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 – an industry in which IDC forecasts worldwide spending on IT across the globe to be $775 billion by 2028. 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.

“IDC has been producing the IDC FinTech Rankings for 23 years, providing a list of the largest 150 financial technology providers in the world,” said Marc DeCastro, research director at IDC. “The companies on this list provide the innovation necessary to keep the financial service industry at the forefront of providing modern digital experiences, technologies and platforms across all banking, capital markets and insurance organizations.”

To view the full 2025 IDC FinTech Rankings list and a comprehensive report about the year's findings, visit idc.com/research/industry/fintech-rankings.

About Velera

Velera is the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider. With over four decades of industry experience and a commitment to service excellence and innovation, the company serves more than 4,000 financial institutions throughout North America, operating with velocity to help its clients keep pace with the rapid momentum of change and fuel growth in the new era of financial services. Velera leverages its expertise and resources on behalf of credit unions and their members, offering an end-to-end product portfolio that includes payment processing, fraud and risk management, data and analytics, digital banking, instant payments, strategic consulting, collections, ATM and POS networks, shared branching and 24/7/365 member support via its contact centers. For more information, visit velera.com.