Company Database - Volante Technologies

Accelerating Digital Transformation

Volante Technologies is the leading global provider of cloud payments and financial messaging solutions to accelerate digital transformation. We serve as a trusted partner to over 100 banks, financial institutions, market infrastructures, clearing houses, and corporate treasuries in 35 countries. 

Active since

2001

Head office

Jersey City, New Jersey

Founder(s)

Vijay Oddiraju, Uday Thakur, Venkat Malla

Funding rounds and investors

Privately held. Minority investors: WaveCrest Growth Partners, BNY Mellon, PosteItaliane, Visa, Citi Ventures.

Service provider type   

  • Open Banking enablers
  • API connectivity for data retrieval & value-added services on the data
  • End-user solutions and propositions: cash management/treasury management
  • Banking-as-a-Service    
  • Digital core banking infrastructure/platform

How it works 

Volante's cloud-native microservices-based solutions accelerate digital transformation and payments modernisation. We offer comprehensive end-to-end payment processing capabilities combined with a state-of-the-art low-code integration platform, all deployable as a service in our public cloud or in a bank’s private cloud.

What problem does the company solve

The full promise of Open Banking cannot be achieved without modernising or replacing antiquated payments and core banking infrastructure. This is the fundamental problem we solve: giving our customers the freedom to evolve, by eliminating the legacy limitations that hold them back.

Types of supported APIs\API standard supported

Over 300 native APIs, 100+ clearing and settlement mechanisms, and hundreds of standards supported, including proprietary.

Industries/target markets

Banks and financial institutions, market infrastructures, stock exchanges, capital markets firms (buy and sell side), card networks, corporate treasuries.

Geographical coverage (operational area)

Global

Business model/pricing

Pricing tailored to customer business models. Subscription, transaction-based, license and maintenance models all supported.

Technology

Cloud-native, available as a service in the cloud or deployable on bank private clouds. Microservices can also be deployed and integrated directly into a financial institution's on-premise infrastructure or data center.

When was the core technology developed

2001

Partners

https://www.volantetech.com/about/partners

Customers / Case studies

https://www.volantetech.com/customers

Awards

https://www.volantetech.com/industry-recognition

  • 2021 Award for Best Payments and Financial Messaging Solutions (CFI.co Global Award)
  • Most Innovative Payment Solutions Provider 2021 (MEA Finance Banking Technology Awards)
  • Rated #1 in Wholesale Payments Systems by IBS Intelligence Sales League Table 2021
  • Rated #2 in Insurtech by IBS Intelligence Sales League Table 2021
  • Best Real-Time Payments Solution (PayTech Awards)
  • IDC Fintech Rankings 2021 Top 100
  • 2020 IDC Leader in Wholesale Payment Systems
  • 2019 Best Payments Solution Global Finance Magazine

Business revenue

Revenues are not publicly disclosed, but Volante is ranked #67 on the IDC 2021 Fintech 100 list of the 100 largest fintechs.

Contact

info@volantetech.com

Website

https://www.volantetech.com