Velera is a credit union service organization (CUSO) and integrated financial technology solutions provider, founded in 1978. The company operates across North America, serving the financial services and payments industry with a focus on credit unions.
Velera provides a range of solutions including payment processing, fraud prevention, and digital banking capabilities. Its operational scale is substantial: the company serves more than 4,000 financial institutions and processes nearly 16 billion transactions annually.
Technical work at Velera centers on payment processing, fraud prevention, digital banking, and broader financial technology solutions. The company's role as a CUSO positions it as a key infrastructure and technology partner for credit unions across the continent.